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Shanghai-based Smart Share Global provides rental charging cabinets and power banks under the Monster Charging brand.
Founded in 2017 and led by CEO Mars Cai, the company raised USD 150.03 mn in an IPO as of April 1, 2021, selling 17.65 million shares at USD 8.5 each. It reported revenue of USD 430.6 mn and EBITDA of USD 14.4 mn for 2020, mainly from power bank rental income and advertising. The company has completed 7 deals.
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