Tony Fun, Inc. (TONY)
|Net Income (ttm)||-1.95M|
Tony Fun, which operates retail shopping malls in China, filed on Friday with the SEC to raise up to $30 million in an initial public offering.
Tony Fun, Inc. has filed to go public with an IPO on the NASDAQ.
Tony Fun is redeveloping properties into innovative retail shopping malls that strategically rethink the types of stores to which consumers will respond. We focus our tenant mix to emphasize consumer experience. While we believe anchor tenants, such as supermarkets, that drive traffic are still key, we also see a new emphasis on a curated mix of smaller and independent specialty stores that add a sense of novelty to the shopping experience. We incorporate value-added elements that attempt to recast the mall as a life-style center, including, ar... [Read more...]
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In 2019, Tony Fun's revenue was $2.02 million, an increase of 5.93% compared to the previous year's $1.91 million. Losses were -$2.68 million, -27.39% less than in 2018.