依赖第三方平台渠道

港股IPO招股书披露先例 · 79 家公司，81 项

此类事项指公司收入或经营实质依赖电商平台、配送平台、媒体流量或主导性平台客户等第三方渠道，并面临平台政策变动或账号受限的风险。招股书通常在风险因素、业务、概要及财务资料章节披露主要平台名称、收入占比及合作模式，并说明定价费用及合作续期安排；申请人多以渠道多元化、自有渠道占比上升、可替代合作方及内控合规措施作解释。

2023-03-16Prospectus

达势股份有限公司DPC Dash Ltd01405.HK

第三方外卖平台贡献约43%至52%收入

Third-party channels | 572 | 51.8% | 762 | 47.3% | 873 | 43.2%
Summary · 第 14 页

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 · 第 190 页

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 · 第 187 页

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