1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. đť•Ź Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. đť•Ź Posts
Discussion
1. Investment Snapshot
2. Valuation
Discussion
Symbol
WNW
Event Date
2020-12-15
Sector
Consumer
Subsector
Household Products
Offer Range
$5.00-$5.00
Shares Offered
6M
$125.0M
Implied Upside vs Midpoint
Description
We are an online and mobile commerce company and conduct our business through our online retail store on our Website – www.wnw108.com . We sell a myriad of food products on our Website. We do not grow, foster or manufacture any food products and all the food products sold on our Website are from our suppliers. We do not sell genetically modified food. We are committed to providing our customers with safe, high-quality, nutritious, tasty and non-genetically modified food products through our portfolio of trusted and well-known suppliers. Optimizing our Website and real-time data, we are able to respond to and match supply with demand for food products in keeping with consumer trends. Food safety, product quality and sustainability are our core values. The food products/commodities sold on our Website are broadly categorized into (i) Green Food, (ii) Organic Food, (iii) intangible cultural heritage food products (“ICH Products”) (iv) agricultural products bearing geographical indications (“Agri GI Products”) and (v) Pollution-Free Products (genetically modified products excepted). (Note: Revenue and net loss figures are for the fiscal year ended Dec. 31, 2019, according to the prospectus.) (Note: The company said its IPO was priced at $5, the mid-point of its $4-to-$6 range, with 5 million ordinary shares priced on Dec. 14, 2020. In addition, the underwriters purchased 999,910 shares from a selling shareholder for US$4,999,950 for a total of US$29,999,950 in total gross proceeds from the offering, according to the company’s IPO pricing announcement.)