詠竹坊

Drink, snack or shares? Vending machine brand Quna seeks IPO cash

The provider of AI-driven marketing solutions for consumer goods retailers is making its third attempt at a share listing

This article only represents the author's own views.

Imagine that a thirsty shopper at a Chinese mall has stopped by a vending machine to get a drink. By scanning a QR code and clicking a coupon to pay, the buyer has unwittingly become a consumer of a marketing business that combines artificial intelligence with the internet of things.

Vending machines with the “Quna” trademark have long been a common sight in office buildings and major shopping malls in leading Chinese cities, operated by a company that facilitates sales and trials of fast-moving consumer goods through smart terminals and an online platform.

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