REG - Intuitive Invests.Gp - Hui10 Launches Lucky World Membership Programme

Intuitive InvestmentsAnnouncement

09/01/2025 07:00

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RNS Number : 6629S  Intuitive Investments Group plc  09 January 2025

9 January 2025

 

Intuitive Investments Group plc

("IIG" or the "Company")

Hui10 Launches Lucky World Membership Programme

Immediate increase in user acquisition rates

Active user rates and spend per user ahead of expectations

 

Intuitive Investments Group plc (SFS: IIG) ("IIG" or the "Company"), a
closed-end investment company focused on high-growth opportunities in the
technology, life sciences, and healthcare sectors, announces developments
related to its investee company, Hui10 Inc. ("Hui10").

Hui10 is pleased to confirm that the rollout of Lucky World is ahead of
management expectations, with the number of its connected network of Sports
Lottery Shops now at 2,339. To leverage this physical shop infrastructure,
Lucky World has launched an innovative membership programme, which has been
developed to accelerate user and lottery shop acquisition while delivering
additional value for both lottery shopkeepers and players.

Since launch of the programme on 12 December 2024, Lucky World registered
users rose by 2,795 bringing the total to 13,220 customers and the active user
rate significantly ahead of management expectations at this stage of roll-out.
This takes the total number of registered users across Hui10 to 250,220.

Under the Lucky World membership programme, lottery shopkeepers join free of
charge to receive exclusive membership benefits and rebates for introducing
their customers as new subscribing members, which boosts their revenues and
increases customer engagement.

Lottery customers, for a small annual fee, benefit from an enhanced lottery
and shopping experience including cashback on Lucky World purchases, free
shipping, double Lucky World points, birthday gifts and more, driving improved
customer loyalty and satisfaction.

Lucky World was created to help the network of c. 175,000 dedicated lottery
shops to increase their revenues, by providing each lottery shopkeeper with an
omni-channel store, in order for them to sell Lucky World sourced Fast Moving
Consumer Products to their existing c. 100 million customers.

Giles Willits, Chief Investment Officer of IIG, commented: "Hui10 continues to
accelerate its network expansion and attract new users into its fast-growing
lottery and consumer goods platforms. With the positive results we're seeing
following the launch of the membership programme, in addition to Lucky World's
strong position within the Hui10 group and its exceptional market potential,
IIG and Hui10 management are confident that Lucky World is set to grow into a
significant business, delivering substantial revenue growth and shareholder
value."

 

 

Enquiries:

  Intuitive Investments Group plc                   www.iigplc.com (http://www.iigplc.com/)

 Sir Nigel Rudd, Non-Executive Chairman             Via FTI Consulting

 Robert Naylor, CEO

 Giles Willits, CIO

 Zeus                                               +44 (0)20 3829 5000

 Nick Cowles / Graeme Summers / Dominic King

 FTI Consulting                                     +44 (0)20 3727 1000

 Jamie Ricketts / Valerija Cymbal / Jemima Gurney   IIG@fticonsulting.com

 

About Intuitive Investments Group plc

IIG is an investment company seeking to provide investors with exposure to a
portfolio concentrating on fast growing, high potential Technology and Life
Sciences businesses operating predominantly in the UK, continental Europe, the
US and APAC, utilising the Board's experience to seek to generate capital
growth over the long term for shareholders.

About Hui10

Hui10 is a technology company with interests in two operating businesses,
Huishi Dehua and Huishi Chunyuan ('Lucky World'), involved in the digital
transformation of the Chinese lottery. Huishi Dehua enables the market
expansion of the Chinese lottery through its proprietary technology platform.
Huishi Dehua is integrated into China's national card settlement system and
payment platform, UnionPay. Hui10 holds a 33% share in Huishi Dehua. Lucky
World is an ecommerce platform which provides China's existing lottery shops
access to a wider fast-moving consumer goods product offering. Hui10 owns 60%
of Lucky World.

 

 

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