PChomeStore Inc. to Raise NT$1.9 Billion
Co-invested by PChome Online Inc. and Strategic Investors to Support Mobile
eCommerce and Market Expansion
The biggest eCommerce Group in Taiwan – PChome Online Inc. (8044-TW) today (Sep. 03rd) announced that the Company will inject NT$1 billion to the NT$1.9 billion right offering of PChomeStore Inc. at NT$52 apiece. Besides from PChome Online Inc., strategic investors also join the offering to develop mobile eCommerce and Asia eCommerce market together.
“Personal Store is growing rapidly with NT$15 billion quarterly GMV in 2Q18, showing strong customer loyalty and deep user stickiness.” Hung-Tze, Jan – Chairman of PChome Online Inc. said. “The motivating outcomes demonstrate a strong presence of Personal Store in fast-paced mobile eCommerce market. Meanwhile, PChomeStore Inc. has finished the privatization process in August. It will conduct capital and company restructure as well as aggressively talk to more strategic investors to prepare for overseas expansion.”
For more financial details, please visit Market Observation Post System.
