Transformation gobbles up Smart Share Global’s profits
The company known for its network of Energy Monster smartphone recharging stations fell into the red in the first quarter, ending a streak of four consecutive quarterly profits Key Takeaways:…
FAST NEWS: Smart Share Global posts second straight quarterly profit
The latest: Smart Share Global Ltd. (EM.US), a supplier of rentable power banks, on Tuesday reported a net profit of 50 million yuan ($7.05 million) in the third quarter, reversing a…
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…
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,…
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…
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