Smart Share Global Limited
Our Mission: Energize everyday life.
We are a consumer tech company, known as Energy Monster, that provides mobile device charging service through an extensive online and offline network. We are the largest mobile device charging service provider in China in terms of gross revenues in 2020, according to the iResearch Report. We provide service through our power banks, placed in POIs (points of interface) operated by our location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs and public spaces. Through our mini programs, users rent our power banks to carry with them when they use our service and can return the power banks at any of our POIs, enabled by our expansive network and powerful technologies.
As of Dec. 31, 2020, we had a network of over 664,000 POIs covering more than 1,500 out of the 2,846 counties and county-level districts in China. We had approximately 149.1 million and 219.4 million cumulative registered users as of Dec. 31, 2019 and 2020, respectively.
We leverage advanced proprietary technologies and big-data analytics capabilities to facilitate seamless transactions, optimize hardware management and obtain valuable user insights. As of Dec. 31, 2020, our system actively monitored and processed data from a network of over 5 million power banks.
(Note: Smart Share Global (aka Energy Monster) priced its IPO on March 31, 2021, at $8.50 – below its $10.50-to-$12.50 price range – on 17.65 million American Depositary Shares (ADS), up slightly from 17.5 million ADS initially, according to indications in an SEC filing.)
|Industry:||Services - Personal Services|
|Address||6th Floor, 799 Tianshan W Road Changning District, Shanghai 200335 People's Republic of China|
|Phone Number||+86 21 6050 3535|
|View Prospectus:||Smart Share Global Limited|
|Revenues||$430.55 mil (last 12 months)|
|Net Income||$11.56 mil (last 12 months)|
|Price range||$8.50 - $8.50|
|Est. $ Volume||$150.0 mil|
|Manager / Joint Managers||Goldman Sachs/ Citigroup/ China Renaissance|
|CO-Managers||BOCI/ Tiger Brokers/ FUTU/ Snowball|
|Expected To Trade:||4/1/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|