Dmall Inc.
HHKEX:25868.38
HKD
-0.16
(-1.87%)
Dmall Inc.
HKEX:2586
(Hong Kong Exchange)
Recent
price
8.38
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Dmall Inc. (2586.HK) is a holding company that provides retail digitalization solutions to retailers in the local retail industry, primarily through its Retail Core Service Cloud, E-commerce Service Cloud, and Others segments. The Retail Core Service Cloud offers solutions anchored on Dmall OS software and artificial intelligence of things (AIoT), covering supply chain management including suppliers, procurement, inventory, warehouse, and logistics; store management with POS cash registers, inventory control, price tags, freshness monitoring, clearance, task assignment, and shift scheduling; headquarters management encompassing business-finance integration, data reporting, and franchise oversight; membership systems, points programs, smart marketing, prepaid cards, WeChat private domains, mini-programs, delivery platforms, O2O instant delivery, mall decoration, category management, brand management, display optimization, and automatic replenishment; plus AIoT features like intelligent warehouse restocking, loss prevention, silver line operations, remote monitoring, overnight inbound systems, AI smart scales, self-service purchases, and IoT platforms. The E-commerce Service Cloud delivers online-to-offline (O2O) platform services and logistics, while the Others segment provides offline marketing services, products, discounts, coupons, shopping, and payment subsidies. Founded in 2015 and headquartered in Beijing, China, with additional offices in Shenzhen, the company serves customers including DFI Retail Group, Metro China, Wumart Group, and Chongqing Heavy百 Group across China, Hong Kong, Macau, the Philippines, Malaysia, Singapore, Poland, and other international markets, employing around 1,340 people. In July 2025, Dmall completed a top-up placing and subscription of new shares raising approximately HKD388 million (about USD50 million), with proceeds allocated to R&D in stablecoins, blockchain technology advancement, and general corporate purposes. As of October 2025, the company is pursuing potential acquisitions of Hong Kong brokerages to enter the virtual asset market, establishing synergies between retail scenarios and real-world assets (RWA), expanding into digital finance ecosystems, and positioning for AI-driven new retail services with virtual assets. Dealings in its shares on the Hong Kong Stock Exchange Main Board commenced on December 6, 2024, following a proposed listing.