Energy Monster Expands Its Reach, But Gets Bitten by Covid
The power bank operator formally known as Smart Share Global suffered a 13% decline in first-quarter revenue, and forecast a 30% decline in the second quarter Key Takeaways: • Leading…
Dead Man Reawakening? Defunct Rise Education Reborn as EV Charging Company
Former education company backed by Bain Capital rises from the ashes through a reverse merger with the electric vehicle charging business of Newlink, another Bain-backed Chinese company Key Takeaways: Shares…
Shared Powerbank Specialist Energy Monster De-Fanged by Competition
Company’s operating profit tumbles by half in latest quarterly results on heavy promotional spending as shares trade near post-IPO lows Key points: Smart Share Global, better known as Energy Monster,…
Energy Monster Roars on Nasdaq IPO, But Gets Muffled as Rivals Roar Back
Rental power bank leader’s shares rise as much as 18% on first trading day, but sag below listing price after two rivals announce merger plan Key Takeaways Energy Monster’s Nasdaq…
