Energy Monster IPO: Chinese power bank rental firm bucks sharing economy bust with expansion initiative

Source: South China Morning PostPower bank rental company Energy Monster plans to expand its mobile device charging services operation in China, as it pursues an initial public offering in the US amid the strong recovery in the world’s second-largest economy and biggest smartphone market.Shanghai-based Energy Monster, through holding company Smart Share Global, filed its application to go public on the Nasdaq stock market on Friday to the US Securities and Exchange Commission. The firm did not provide the amount it plans to…Read More

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