TROOPS IncTROO
TROO
About: TROOPS Inc is a conglomerate group of various businesses with its headquarters based in Hong Kong. The group is principally engaged in money lending business in Hong Kong providing mortgage loans to high quality target borrowers, property investment to generate additional rental income and the development, operation and management of an online financial marketplace that provides one-stop financial technology solutions including API services by leveraging artificial intelligence, large data and blockchain, and cloud computing (SaaS). It derives revenue from Hong Kong and Australia. Majority of its revenue generates from domestic market.
Employees: 42
0
Funds holding %
of 7,327 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
45% more capital invested
Capital invested by funds: $149K [Q4 2024] → $215K (+$66.5K) [Q1 2025]
33% more funds holding
Funds holding: 6 [Q4 2024] → 8 (+2) [Q1 2025]
0.19% more ownership
Funds ownership: 0.09% [Q4 2024] → 0.28% (+0.19%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for TROO.
Financial journalist opinion
Based on 3 articles about TROO published over the past 30 days
Neutral
PRNewsWire
1 week ago
TROOPS, Inc. (NASDAQ: TROO) Intends to Bolster Shareholder Value with Strategic Stock Repurchase
HONG KONG , July 25, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company") today announced that the Company has initiated its stock repurchasing plan by entering into a stock repurchase agreement (the "Stock Repurchase Agreement") with an existing shareholder (the "Shareholder"). On July 18, 2025, the Shareholder agreed to the Company's notice to exercise its repurchase option as outlined in the stock purchase agreement dated on May 28, 2025.
Neutral
PRNewsWire
2 weeks ago
TROOPS, Inc. (NASDAQ: TROO) Subsidiary Enters Letter of Intent to Acquire Stake in Malaysian Co-living and Co-working Space
HONG KONG , July 16, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company") today announced that its wholly-owned subsidiary, Giant Connection Limited (the "Purchaser"), has entered into a Letter of Intent ("LOI") with Jupiter Stone Holding Limited (the "Vendor") to acquire a 49% equity interest in Y Concept Holding Limited, the Hong Kong parent company of The Cara Hotel, a co-living and co-working space in Malaysia. Key Transaction Details Acquisition Structure: Giant Connection Limited will acquire 49% of Jupiter Stone Holding Limited's 62.5% ownership in Y Concept Holding Limited.
Neutral
PRNewsWire
2 weeks ago
TROOPS, Inc. (NASDAQ: TROO) Subsidiary Intends to Acquire 49% of a Taiwan-based Co-working Space Operator WORK, Inc., with Path to Full Ownership
HONG KONG , July 14, 2025 /PRNewswire/ -- TROOPS, Inc. (Nasdaq: TROO) ("TROOPS" or the "Company"), today announced its wholly-owned subsidiary Giant Connection Limited (the Purchaser") has recently entered into a Letter of Intent ("LOI") with WORLD HONOR HOLDINGS LIMITED (the "Vendor"), to acquire 49% share ownership of WORK, Inc., a British Virgin Islands co-working space operator with operations in Taiwan. The transaction includes a put option for the Vendor to sell the remaining 51% share ownership to the Purchaser in the future.
Neutral
PRNewsWire
1 month ago
TROOPS, Inc. (Nasdaq: TROO) Announces Update on Hong Kong High Court Judgment and Explores Strategic Legal Options to Safeguard Shareholder Interests
HONG KONG , July 2, 2025 /PRNewswire/ -- TROOPS, Inc. (Nasdaq: TROO) (the "Company" or "TROOPS") today announced that the Company has received a judgement (the "Judgement") issued by the High Court of Hong Kong Special Administrative Region Court of First Instance in connection with the action no. HCA 938/2022.
Neutral
PRNewsWire
3 months ago
TROOPS, INC. ANNOUNCES RECEIPT OF INITIAL PAYMENT TOWARD STRATEGIC INVESTMENT BY WANG & LEE GROUP, INC.
HONG KONG , April 3, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) (the "Company" or "TROOPS") today announced it has received the initial tranche of a strategic investment exceeding US$10 million from Wang & Lee Group, Inc. (NASDAQ: WLGS) ("Wang & Lee") which is expected to be complete by mid-April 2025. This milestone underscores the rapid progression of the partnership announced by Wang & Lee on March 31, 2025, aimed at integrating cutting-edge AI, IoT, and blockchain technologies across TROOPS' portfolio.
Neutral
PRNewsWire
4 months ago
TROOPS, Inc. (Nasdaq: TROO) Explores Acquisition of Hong Kong Insurance Brokerage and Nears Agreement to Acquire Bestfaith International Technology Limited
Strategic Moves to Expand Footprint in Hong Kong's Real Estate and Insurance Sectors HONG KONG , March 24, 2025 /PRNewswire/ -- TROOPS, Inc. (Nasdaq: TROO) (the "Company" or "TROOPS") today announced two strategic initiatives to accelerate its growth in Asia. The Company has commenced preliminary due diligence on a prominent Hong Kong-based insurance brokerage as a potential acquisition target and is in advanced negotiations to acquire Bestfaith International Technology Limited ("Bestfaith"), a leading building management company servicing over 200 buildings across Hong Kong.
Positive
Benzinga
10 months ago
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