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NAAS

NaaS Technology Inc.

https://www.enaas.com

Industry

Specialty Retail

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. It serves charging station operators, charger manufacturers, EV OEMs, and other end-users. The company was founded in 2019 and is based in Beijing, China.

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NaaS Technology reaffirms its FY23 revenue guidance of $73M-$87M.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 10:35 am

Naas Technology reported Q3 adjusted EPADS of $(0.07), a 16.67% decrease YoY, while sales increased 232.87% to $5.27M from $1.58M YoY.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 10:33 am

Adobe reported better-than-expected Q2 results and strong earnings forecast, while Disney announced the stepping down of its CFO. NaaS Technology is set to report Q1 financial results. Virgin Galactic started commercial spaceline operations, and Squarespace acquired Google Domains business.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 8:54 am

Investor sentiment in the US improved as the Dow Jones jumped over 400 points after the Federal Reserve held interest rates. Adobe Inc. reported better-than-expected Q2 results and a strong earnings forecast, while NaaS Technology Inc. is set to release earnings results today.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 7:56 am

NaaS Technology Inc's subsidiary Dada Auto has agreed to acquire 89.999% of Sinopower Holdings International for $6.1 million. Sinopower is a rooftop solar energy developer in Hong Kong. The acquisition is expected to close in June 2023.

Portfolio Pulse from Shivani Kumaresan

June 12, 2023 | 3:15 pm

NaaS Technology is set to acquire 89.99% of issued and outstanding shares of Sinopower Holdings International for approximately $6.1 million from an existing shareholder.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:09 pm

NaaS Technology Inc has raised $21 million through a registered direct offering to certain investors, including Adrian Cheng and CST Group Limited. The company offered 3.5 million American depositary shares directly to investors without underwriters or placement agents. NAAS is a third-party charging network in China and a subsidiary of Newlinks Technology Limited.

Portfolio Pulse from Shivani Kumaresan

May 31, 2023 | 12:11 pm

NaaS Technology Inc. has raised $21 million through a secondary share sale of 3.5 million ADSs. The largest third-party charging network in China completed the registered direct offering to investors, including Dr. Adrian Cheng and CST Group Limited.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 9:43 am

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