Hong Kong's Raytech Holding, a personal care appliances innovator, debuted on Nasdaq on May 15, raising $6M from 1.5M shares.
Hong Kong-based Raytech Holding, an innovator in personal care electrical appliances, debuted on Nasdaq on May 15, raising $6M from 1.5M shares. Specializing in sourcing Japan Pure Beauty-branded appliances, Raytech has a 300-year alliance with a top Japanese client, contributing to 97.8% of its revenue in 2023. The global personal care appliance market is projected to grow from $22.9B in 2023 to $35.9B by 2032, driven by electronics growth and focus on personal health.
May 17, 2024
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