Keep submitted a prospectus to the Hong Kong stock exchange, with a revenue of 1.16 billion in the first three quarters of 2021

Keep, a sports technology company, officially submitted a prospectus to the Hong Kong stock exchange. According to the prospectus information, from 2019 to 2020, keep's total revenue increased from 660 million yuan to 1.11 billion yuan. In the first three quarters of 2021, keep achieved a total revenue of 1.16 billion yuan, a year-on-year increase of 41.3%. In 2021, keep's average number of monthly active users was 34.4 million. In 2019 and 2020, keep's adjusted net losses were 366 million yuan and 106 million yuan respectively. For the nine months ended September 30, 2021, the adjusted net loss was RMB 696 million.