Online dining operators Zaihui seek dual listing in Singapore and Hong Kong: not yet profitable, highly fragmented industry

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Gelonghui February 19 | According to The Paper, on February 13, China’s online dining operation and marketing solution provider Rehui Group is seeking to list jointly on the Singapore Exchange and the Hong Kong Stock Exchange. According to the prospectus disclosed by the Hong Kong Stock Exchange, Rehui Group primarily generates revenue by providing AI-driven online operation and marketing solutions to merchants. Its business model combines proprietary technology that supports standardized, replicable workflows with capabilities that help merchants translate strategies into operations and services executed across multiple online platforms. The funds raised will be used for technological research and development, including the development of AI intelligent agents and smart cooking robots in the marketing technology field, upgrading existing solutions to meet diversified customer needs, overseas expansion, working capital, and general corporate purposes.

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