News Snapshot:
Chinese Vending Machine Firm UBOX Applies for Hong Kong IPO According to the official website of the Hong Kong Stock Exchange (HKEx), Beijing UBOX Online Technology Corp. (UBOX), a Chinese unmanned retail operator , formally submitted an application for a public listing on May 27, with Goldman Sachs, China Securities International and Huatai International serving as joint sponsors. Founded in 2011, UBOX has received investment from Ant Group, Primavera Capital Group, CCB International, Guoxin Energy Fund, Haier Group and other institutions. As of December 31, 2021, UBOX had over 102,700 points of sale (POSs) for vending machines across China, 81.3%...
