Tranche Update on 91App, Inc.'s Equity Buyback Plan announced on May 3, 2022.
July 01, 2022 at 11:43 am
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From May 3, 2022 to July 1, 2022, the company has repurchased 2,500,000 shares, representing 2.07% for TWD 335.48 million. With this, the company has completed the repurchase of 2,500,000 shares, representing 2.07% for TWD 335.48 million under the buyback announced on May 3, 2022.
91APP Inc is a Taiwan-based holding company mainly engaged in the development and operation of various software clouds for the new retail environment. The Company is engaged in the development and operation of various software clouds that meet the needs of the new retail environment, and the integration of data and e-commerce value-added services, as well as the provision of one-stop turnkey services for retail brands to start brand e-commerce, including software systems, capital and logistics integration, e-commerce agency operation, digital marketing, big data consultant analysis and other services. The Company is also engaged in the provision of services such as special software functions, system integration, specific implementation and industry knowledge for online-merge-offline (OMO) for physical retail brands.