Smart Share Global Limited reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 717.74 million compared to CNY 816.76 million a year ago. Revenue was CNY 737.08 million compared to CNY 846.88 million a year ago.

Net loss was CNY 96.41 million compared to net income of CNY 15.1 million a year ago.