Dependence on third-party platforms

Hong Kong IPO disclosure precedents · 79 companies, 81 items

Business revenue or operations materially depend on third-party platforms (e-commerce marketplaces, media/advertising platforms, delivery platforms or a dominant platform customer) for sales channels, traffic or service delivery, including exposure to platform policy changes or account restrictions.

2023-03-16Prospectus
DPC Dash Ltd达势股份有限公司01405.HK

Third-party channels | 572 | 51.8% | 762 | 47.3% | 873 | 43.2%

Summary · p. 14

For our cooperation with these third party channels, we are charged (i) fees ranging from approximately one percent to approximately six percent of the price of each order fulfilled by a third-party online ordering platform and (ii) fees for other advertising and promotion activities, which fees did not account for a material portion of our total advertising and promotion expenses during the Track Record Period.

Business · p. 190

Within all our online channels, our own online channels generate a growing proportion of our orders, as we generated approximately 44%, 49% and 52% of our revenue from our own online channels in 2020, 2021 and 2022, respectively.

Business · p. 187
The company's explanation, the adviser's view and the page in the filing: see Matters

Tell us