Private Equity

The company plans to use the money to facilitate its proposed offshore restructuring and fulfill its obligations under the USD 180 million settlement with the US SEC.

Employee stock ownership plans are on the rise in Indonesia. Experts predict the country to be a ‘substantial market’ for such employee benefit systems.

The company’s SaaS products have been used by more than 210,000 corporate clients including clothing brands such as Girgear, Kbstle, and Bitt’s.

The power bank rental service market in China is expected to grow from RMB 9 billion in 2020 to RMB 106.3 billion by 2028.

The company managed to increase the number of daily active deliverymen from 490,000 to more than one million since 2018.

The company says it transported about 700,000 containers in 2020.

I-Fitness supplies bodybuilders with courses and equipment.

Competitors include Beike and Zhuge.com.