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YOHO eCommerce unveils "YOHO AI Assistant" to Enhance Shopping Experience, Introduce "Best Deal Guarantee" to Train the Pricing Algorithm

YOHO eCommerce unveils "YOHO AI Assistant" to Enhance Shopping Experience, Introduce "Best Deal Guarantee" to Train the Pricing Algorithm
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Beyond Ventures Congratulates Yoho Group on its Successful IPO on Hong Kong Stock Exchange

Yoho Group is Beyond Ventures' Fourth IPO from its Fund I Portfolio HONG KONG, June 10, 2022 /PRNewswire/ Hong Kong-based venture capital firm Beyond Ventures is pleased to announce that its portfolio company, Yoho Group (Stock code: 2347.HK), a first mover and one of the leading market players in the Hong Kong's B2C e-commerce industry, today debuted on the Main Board of the Stock Exchange of Hong Kong. Yoho Group is Hong Kong's No. 1e-commerce platform for consumer electronics and home appliances in terms of website traffic and online retail sales in FY20/21 and had a market share of approximately 5.6%, according to the Frost & Sullivan Report. In just three years Yoho Group has quadrupled sales revenues, from HK$135m in FY18/19 to HK$523m in FY20/21 and HK$497m in the first eight months of FY21/22. Adjusted net profits grew from HK$13m in FY18/19 to nearly HK$28.7m in FY20/21. Beyond Ventures and the HKSAR Government's Innovation and Technology Venture Fund (ITV ....

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