Smart Share Global Charges Back to Growth After Covid Winter
The provider of smartphone charging services, better known in China as Energy Monster, said its revenue grew 10% in the first quarter, ending five quarters of contraction Key Takeaways: Smart…
EM.US
Fast News: Smart Share Global’s Quarterly Revenue Down 12%, Sees Bigger Declines Ahead
The Latest: Smart Share Global Ltd. (EM.US), a supplier of rentable power banks, on Tuesday reported its revenue fell 12.4% to 815 million yuan ($114.6 million) in the third quarter,…
FAST NEWS: Smart Share Global’s Second-Quarter Revenue Sags on Covid Closures
The latest: Smart Share Global Ltd. (EM.US), a supplier of rentable power banks, on Thursday reported its revenue fell 29% in the second quarter to 690.5 million yuan ($99 million).…
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…
FAST NEWS: Pandemic Disruptions Haunt Energy Monster
The latest: Smart Share Global Ltd. (EM.US), parent of shared power bank operator Energy Monster, reported third-quarter revenue of 930 million yuan ($146 million), up just a slight 0.6% from…
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…
