Wunong Net Technology Company Limited

General Information

We are an online and mobile commerce company and conduct our business through our online retail store on our Website – www.wnw108.com. We sell a myriad of food products on our Website. We do not grow, foster or manufacture any food products and all the food products sold on our Website are from our suppliers. We do not sell genetically modified food. We are committed to providing our customers with safe, high-quality, nutritious, tasty and non-genetically modified food products through our portfolio of trusted and well-known suppliers. Optimizing our Website and real-time data, we are able to respond to and match supply with demand for food products in keeping with consumer trends.

Food safety, product quality and sustainability are our core values. The food products/commodities sold on our Website are broadly categorized into (i) Green Food, (ii) Organic Food, (iii) intangible cultural heritage food products (“ICH Products”) (iv) agricultural products bearing geographical indications (“Agri GI Products”) and (v) Pollution-Free Products (genetically modified products excepted).

(Note: Revenue and net loss figures are for the fiscal year ended Dec. 31, 2019, according to the prospectus.)

(Note: The company said its IPO was priced at $5, the mid-point of its $4-to-$6 range, with 5 million ordinary shares priced on Dec. 14, 2020. In addition, the underwriters purchased 999,910 shares from a selling shareholder for US$4,999,950 for a total of US$29,999,950 in total gross proceeds from the offering, according to the company’s IPO pricing announcement.)


Industry: Retail - Food
Employees: 55
Founded: 2018
Contact Information
Address B401, 4th Floor Building 12, Hangcheng Street, Hourui No. 2 Industrial District, Southern Section, Zhichuang Juzhen Double Creative Park, Bao’an District, Shenzhen, People’s Republic of China
Phone Number +86-755-85255139
Web Address http://www.wnw108.com/
View Prospectus: Wunong Net Technology Company Limited
Financial Information
Market Cap $125.0mil
Revenues $7.7 mil (last 12 months)
Net Income $-1.8 mil (last 12 months)
IPO Profile
Symbol WNW
Exchange NASDAQ
Shares (millions): 6.0
Price range $5.00 - $5.00
Est. $ Volume $30.0 mil
Manager / Joint Managers Boustead Securities/ Brilliant Norton Securities
CO-Managers -
Expected To Trade: 12/15/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change