Added to YB: 2025-08-22
Pitch date: 2025-08-21
EM [bullish]
Smart Share Global Limited
-0.75%
current return
Author Info
No bio for this author
Company Info
Smart Share Global Limited, a consumer tech company, provides mobile device charging services through online and offline network in the People's Republic of China.
Market Cap
$2.4B
Pitch Price
$1.33
Price Target
1.77 (+37%)
Dividend
N/A
Sector
Specialty Retail
Category
special_situation
Monster in the Middle: Unpacking the High-Stakes Buyout Battle
EM (special sit): Buyout battle between insider $1.25 bid (Mars Cai/Trustar) and Hillhouse's 42% higher $1.77 bid. Hillhouse has legal leverage via Cayman appraisal rights. Expect 20% return in 3-6 months with modest risk. Business generates ~¥200M EBITDA annually, projected EBITDA positive by 2027. Key risk: management entrenchment with 64% voting control.
Read full article (10 min)