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Smart Share Global Limited (EM)

Stock Price: $5.00 USD -0.04 (-0.79%)
Updated Jul 26, 2021 9:30 AM EDT - Market open
Smart Share Global Limited
Founded 2017
IPO Date Apr 1, 2021
Industry Personal Services
Sector Consumer Cyclical

Contact Details

Address:799 Tianshan West Road
Shanghai 200335
Phone 86 21 6050 3535

Stock Information

Ticker Symbol EM
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency CNY
IPO Price $8.50
CIK Code 1834253
CUSIP Number 29084T104

Company Description

Smart Share Global is a consumer tech company providing mobile device charging service through an extensive online and offline network.

We are the largest mobile device charging service provider in China in terms of gross revenues in 2020, according to the iResearch Report. We provide service through our power banks, placed in POIs operated by our location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs and public spaces.

Through our mini programs, users rent our power banks to carry with them when they use our service and can return the power banks at any of our POIs, enabled by our expansive network and powerful technologies.

As of December 31, 2020, we had a network of over 664,000 POIs covering more than 1,500 regions in China. We had approximately 149.1 million and 219.4 million cumulative registered users as of December 31, 2019 and 2020, respectively.

The mobile device charging service market size in China is expected to grow from RMB9.0 billion in 2020 to RMB106.3 billion in 2028, according to the iResearch Report.

Key Executives

Mars Guangyuan CaiChairman and Chief Executive Officer
Yi XinChief Financial Officer and Director
Xu PeifengChief Operating Officer and Director
Xiaowei LiChief Technology Officer
Yaoyu ZhangChief Marketing Officer