Daren App, Operator of PRO360 Platform, to List on OTC Market in Mid-June

(CNA reporter Ho Hsiu-ling, Taipei, 20th) Daren App Inc., the operator of the 'PRO360' lifestyle services marketplace, is expected to be listed on the over-the-counter (OTC) market in mid-June with a tentative underwriting price of NT$36 per share. Chairman Li Lun-chia said that Taiwan's lifestyle services market is vast but has low online penetration. The next phase will involve making the matching algorithm more precise, deepening strategic partnerships, and replicating the business model in markets such as Hong Kong, Singapore, and Malaysia. Daren App held a media briefing today. Li stated that Daren App's main product is the PRO360 lifestyle services platform, which has accumulated over 2.5 million members and nearly 500,000 partner experts. It helps customers quickly find suitable experts while bringing new clients to the experts, improving their efficiency in securing jobs and promoting business development and growth by negotiating with clients through the platform. He pointed out that 'PRO360' covers nearly a thousand services, including home repairs, cleaning and moving, tutoring, fitness training, photography and design, business consulting, and corporate outsourcing. Compared to most platforms where consumers still need to search for and contact experts one by one, PRO360 can complete recommendations of suitable experts and provide quotes within minutes through systematic demand analysis and algorithms. Li mentioned that PRO360 has built a data foundation by accumulating millions of demand, quote, and interaction data points due to its platform scale. This data continuously drives algorithm optimization, enhancing matching quality and user experience, which in turn has led to over 60% of its revenue coming from repeat customers. Furthermore, he said that Taiwan Taxi and Far EasTone Telecommunications are strategic shareholders of Daren App. Their respective apps, Taiwan Taxi's 55688 App and Far EasTone's FriDay App, have already established cooperative relationships with PRO360, expanding service reach and brand influence through cross-industry collaboration. Daren App is also pursuing overseas expansion. It currently operates in Hong Kong and is gradually expanding into the Singapore and Malaysia markets. Li noted that with the continued expansion of the platform's scale and the increasing online penetration of lifestyle services, future growth momentum is promising. Daren App's 2025 revenue was NT$173 million, an annual increase of about 8.1%, with a net profit attributable to parent company owners of NT$34.13 million, up 32.7% year-on-year. The earnings per share (EPS) reached NT$2.56, and the gross margin remained above 90%.