Sharing Economy International Reports First Quarter 2018 Results
WUXI, China, May 15, 2018 /PRNewswire/ -- Sharing Economy International Inc. ("SEII" or "the Company") (SEII), a clean technology and sharing economy company that designs, manufactures and distributes of proprietary high and low temperature dyeing and finishing machinery to the textile industry, and is engaged in the development of sharing economy platforms and rental related businesses, today announcedits financial results for quarter ended March 31, 2018.
- WUXI, China, May 15, 2018 /PRNewswire/ -- Sharing Economy International Inc. ("SEII" or "the Company") (SEII), a clean technology and sharing economy company that designs, manufactures and distributes of proprietary high and low temperature dyeing and finishing machinery to the textile industry, and is engaged in the development of sharing economy platforms and rental related businesses, today announcedits financial results for quarter ended March 31, 2018.
- "We continue to build momentum in our sharing economy businesses, closing two important acquisitions during the quarter: AnyWorkspace and 3D Discovery.
- Revenues from the sharing economy businesses were $31,000 in the first quarter of 2018.
- In May 2018, the Company's wholly-owned subsidiary, Sharing Economy Investment Limited ("Sharing Economy"), entered into a license agreement with ECrent Capital Holdings Limited ("ECrent").