The catering online operator Zaihui is seeking dual listing in Singapore and Hong Kong: it has not yet been profitable, and the industry is highly diversified.
On February 13, China's online operation and marketing solutions provider, the Raining Group, is seeking a dual listing on the Singapore Exchange and the Hong Kong Stock Exchange. According to the prospectus disclosed by the Hong Kong Stock Exchange, the Raining Group generates revenue mainly by providing AI-driven online operation and marketing solutions to merchants. The business model combines proprietary technology that supports standardized, replicable workflows with operational and service capabilities that help merchants execute strategies across multiple online platforms. The funds raised will be used for technological research and development, including developing AI intelligent bodies and smart cooking robots in the marketing technology field, upgrading existing solutions to cover a diverse range of customer needs, expanding overseas, and for operational and general corporate purposes.
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