- Business model
VeSync Co., Ltd (“VeSync”) (HKG:2148) is a market player in the small home appliance online market in the United States (U.S.). According to Frost & Sullivan, the company is ranked third in terms of retail sales generated through Amazon and fifth through all online channels in 2019 in the U.S.
Shares of the Chinese company rose nearly 59.4% above its initial public offering (IPO) price of HK$8.8 marking a solid trading debut on the Hong Kong stock exchange on 18 December 2020. If you are looking at VeSync with interest, here are 10 things to know before you invest.