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,…
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: Miniso Announces $200 Million Share Buyback
The latest: Japanese-style chain store operator Miniso Group Holding Ltd. (MNSO.US) announced its board has authorized the purchase of up to $200 million (1,275 million yuan) worth of the company’s…
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