GraceFinance · Source-backed public company research
Here Group Ltd (HERE)
Nasdaq · Retail Trade · Retail-Hobby, Toy & Game Shops
Core research established · 4/4 core data layers currently established
What Here Group Ltd does
A. History and Development of the Company QuantaSing Group Limited is an exempted company with limited liability incorporated under the laws of the Cayman Islands with no substantive operation. We currently carry out our pop toy business primarily in China through Shenzhen Letsvan, and, to a much lesser extent, overseas pop toy business through several overseas subsidiaries. Before the VIE Termination in September 2025, we carried out our legacy individual online learning services business and certain consumer and other businesses in China through Beijing Liangzizhige, one of our WFOEs, and its contractual arrangements, commonly known as the VIE structure, with Beijing Chuangyuqizhi and Beijing Feierlai, the variable interest entities based in China, and their respective nominee shareholder.
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