Smart Share Global Limited, a consumer tech company, provides mobile device charging services in the People's Republic of China. The company provides mobile device charging services through online and offline networks; and rents and sells power banks. It offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. As of December 31, 2021, the company had 5.7 million power banks in 845,000 POIs in 1,700 counties and county-level districts. Smart Share Global Limited was incorporated in 2017 and is headquartered in Shanghai, the People's Republic of China.
IPO Year: 2021
Exchange: NASDAQ
Website: https://www.enmonster.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/28/2022 | $3.80 → $1.40 | Buy → Neutral | Goldman |
SHANGHAI, April 28, 2025 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the United States Securities and Exchange Commission (the "SEC") on April 28, 2025. The annual report can be accessed on the Company's investor relations website at https://ir.enmonster.com/ and on the SEC's website at www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders
POIs1 operated through network partner model reached 96.8% as of the end of the third quarter of 2024Cumulative registered users2 reached 430.2 million as of the end of the third quarter of 2024 SHANGHAI, March 06, 2025 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended September 30, 2024. HIGHLIGHTS FOR THE THIRD QUARTER OF 2024 As of September 30, 2024, the Company's services were available in 1,274 thousand POIs, compared with 1,267 thousand as of June 30, 2024.As of September 30, 2024, the Company's
SHANGHAI, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it received a notification letter (the "Compliance Notification") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq"), dated January 31, 2025, notifying the Company that it has regained compliance with the requirement of minimum bid price of US$1.00 per share set forth under Nasdaq Listing Rule 5550(a)(2). As announced on August 9, 2024, the Company received a letter from Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5550(a)(2
SHANGHAI, China, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that the special committee (the "Special Committee") of the Company's board of directors (the "Board") has retained Kroll, LLC as its independent financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP as its U.S. legal counsel in connection with its review and evaluation of the previously announced non-binding "going private" proposal from Trustar Mobile Charging Holdings Limited, Mr. Mars Guangyuan Cai, Chairman of the Board and Chief Executive Officer of the Company, Mr. Pei
SHANGHAI, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal Letter"), dated January 5, 2025, from Trustar Mobile Charging Holdings Limited (together with its affiliates, "Trustar Capital"), Mr. Mars Guangyuan Cai, Chairman of the Board and Chief Executive Officer of the Company, Mr. Peifeng Xu, Director and President of the Company, Mr. Victor Yaoyu Zhang, Chief Marketing Officer of the Company, and Ms. Maria Yi Xin, Director and Chief Fina
POIs1 operated through network partner model reached 89.2% as of the end of the second quarter of 2024Cumulative registered users2 reached 417.1 million as of the end of the second quarter of 2024 SHANGHAI, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended June 30, 2024. HIGHLIGHTS FOR THE SECOND QUARTER OF 2024 As of June 30, 2024, 89.2% of POIs were operated under our network partner model, compared with 79.7% as of March 31, 2024.As of June 30, 2024, the Company's services were available in
SHANGHAI, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited second quarter 2024 financial results on Thursday, August 22, 2024, before the U.S. market opens. Smart Share Global Limited's management will hold a conference call at 8:00 A.M. Eastern Time on Thursday, August 22, 2024 (8:00 P.M. Beijing Time on Thursday, August 22, 2024) to discuss the financial results. Upon registration, each participant will receive dial-in details to join the conference call. Event Title: Energy Monster's Second Quarter 2024 Earnings Confe
SHANGHAI, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it has received a notification letter from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated August 7, 2024, indicating that for the last 34 consecutive business days, the closing bid price of the Company's American depositary shares (the "ADSs") was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Nasdaq notification letter has no current effect on the listing or trading of the
POIs1 operated through network partner model reached 79.7% as of the end of the first quarter of 2024Cumulative registered users2 reached 404.3 million as of the end of the first quarter of 2024 SHANGHAI, China, June 03, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended March 31, 2024. HIGHLIGHTS FOR THE FIRST QUARTER OF 2024 As of March 31, 2024, 79.7% of POIs were operated under our network partner model, compared with 72.8% as of December 31, 2023.As of March 31, 2024, the Company's services were ava
SHANGHAI, China, May 28, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited first quarter 2024 financial results on Monday, June 3, 2024, before the U.S. market opens. Smart Share Global Limited's management will hold a conference call at 8:00 A.M. Eastern Time on Monday, June 3, 2024 (8:00 P.M. Beijing Time on Monday, June 3, 2024) to discuss the financial results. Upon registration, each participant will receive dial-in details to join the conference call. Event Title: Energy Monster's First Quarter 2024 Earnings Conference CallP
Goldman downgraded Smart Share Global from Buy to Neutral and set a new price target of $1.40 from $3.80 previously
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POIs1 operated through network partner model reached 89.2% as of the end of the second quarter of 2024Cumulative registered users2 reached 417.1 million as of the end of the second quarter of 2024 SHANGHAI, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended June 30, 2024. HIGHLIGHTS FOR THE SECOND QUARTER OF 2024 As of June 30, 2024, 89.2% of POIs were operated under our network partner model, compared with 79.7% as of March 31, 2024.As of June 30, 2024, the Company's services were available in
SHANGHAI, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited second quarter 2024 financial results on Thursday, August 22, 2024, before the U.S. market opens. Smart Share Global Limited's management will hold a conference call at 8:00 A.M. Eastern Time on Thursday, August 22, 2024 (8:00 P.M. Beijing Time on Thursday, August 22, 2024) to discuss the financial results. Upon registration, each participant will receive dial-in details to join the conference call. Event Title: Energy Monster's Second Quarter 2024 Earnings Confe
POIs1 operated through network partner model reached 79.7% as of the end of the first quarter of 2024Cumulative registered users2 reached 404.3 million as of the end of the first quarter of 2024 SHANGHAI, China, June 03, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended March 31, 2024. HIGHLIGHTS FOR THE FIRST QUARTER OF 2024 As of March 31, 2024, 79.7% of POIs were operated under our network partner model, compared with 72.8% as of December 31, 2023.As of March 31, 2024, the Company's services were ava
SHANGHAI, China, May 28, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited first quarter 2024 financial results on Monday, June 3, 2024, before the U.S. market opens. Smart Share Global Limited's management will hold a conference call at 8:00 A.M. Eastern Time on Monday, June 3, 2024 (8:00 P.M. Beijing Time on Monday, June 3, 2024) to discuss the financial results. Upon registration, each participant will receive dial-in details to join the conference call. Event Title: Energy Monster's First Quarter 2024 Earnings Conference CallP
Net income was RMB87.7 million for full year 2023Mobile device charging orders1 increased 32.8% year-over-year during the fourth quarter of 2023 SHANGHAI, China, March 28, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023. HIGHLIGHTS FOR THE FOURTH QUARTER AND FULL YEAR 2023 Net income was RMB87.7 million for the full year 2023, compared to a net loss of RMB711.2 million for 2022.Mobile device charging orders for the fourth quarter of 2023 was 154.9 million, repre
SHANGHAI, China, March 20, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited fourth quarter and fiscal year 2023 financial results on Thursday, March 28, 2024, before the U.S. market opens. Smart Share Global Limited's management will hold a conference call at 8:00 A.M. Eastern Time on Thursday, March 28, 2024 (8:00 P.M. Beijing Time on Thursday, March 28, 2024) to discuss the financial results. Upon registration, each participant will receive dial-in details to join the conference call. Event Title: Energy Monster Fou
SHANGHAI, China, March 11, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that its Board of Directors approved a special cash dividend of US$0.015 per ordinary share, or US$0.03 per American Depositary Share ("ADS"), to holders of ordinary shares and holders of ADSs of record as of the close of business on May 31, 2024, U.S. Eastern Time, payable in U.S. dollars. Dividend to be paid to the Company's ADS holders through the depositary bank will be subject to the terms of the deposit agreement. The payment date is expected to be on or around June 7, 2024 for
Net income reached RMB50.0 million for the third quarter of 2023Number of POIs1 reached 1.2 million as of the end of the third quarter of 2023 SHANGHAI, China, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended September 30, 2023. HIGHLIGHTS FOR THE THIRD QUARTER OF 2023 Net income for the third quarter of 2023 was RMB50.0 million, compared to a net loss of RMB95.8 million in the same period last year.Adjusted net income2 for the third quarter of 2023 was RMB55.2 million, compared to an adjusted
SHANGHAI, China, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it plans to release its unaudited third quarter 2023 financial results on Monday, November 27, 2023, before the U.S. market opens. Smart Share Global Limited's management will hold a conference call at 8:00 A.M. Eastern Time on Monday, November 27, 2023 (9:00 P.M. Beijing Time on Monday, November 27, 2023) to discuss the financial results. Upon registration, each participant will receive dial-in details to join the conference call. Event Title: Energy Monster Third Quarter 2023 Earnings Co
Net income reached RMB24.5 million for the second quarter of 2023POIs1 operated under network partner model reached 62.0% as of the end of the second quarter of 2023Number of POIs reached 1.1 million as of the end of the second quarter of 2023 SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended June 30, 2023. HIGHLIGHTS FOR THE SECOND QUARTER OF 2023 Net income for the second quarter of 2023 was RMB24.5 million, compared to a net loss of RMB184.5 million in the same period last y