A Strategic Investment Of ¥164m
The evergreen footwear industry has been struggling with digital disruption. However, early movers like TopSport was rewarded heavily by the capital market (HK$57.4B valuation IPO in Oct 2019), generating 90% return for Hillhouse Capital.
TopScore, a well-rounded footwear leader, has started a more comprehensive digital transformation. Through its clear-sighted understanding of technology, NSC discovered numerous options to unlock value through AI and consider this a promising investment opportunity to render another exciting comeback.