Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 184

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 184
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 rate is nearly 85% in 2023.

E-commercePlatform

OwlTing Market, the initial business line we developed beginning in 2014, serves as a platform dedicated to elevating Taiwanese SMEs and
farmers to compete and offer their products globally. International consumers are offered diverse and high-quality products through OwlTing Market’s long-standing partnerships with small-scale farmers in Taiwan.

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Our Customers Our main client base for payment services consists of businesses and individuals involved in cross-border payments. Both payers and payees could be customers to our various products and services offerings. Payers can use the OwlPayplatform to conduct cross-border payout, whether as business payment to vendors or individual remittances to family. With our payment gateway services, the merchant-payees receiving consumer payments are our customers. Payees can also open a wallet through OwlPay Wallet Proto receive funds. Our primary markets for development of payment services include the United States, Japan, the EU, South America, Singapore and Hong Kong. We believe we have a strong presence in the hospitality sector and have been expanding to serve merchants in other segments, as well as individuals. In particular, OwlPayis targeting businesses in the e-commerce,online travel, ticketing, logistics and trading sectors, which tend to have vendors globally and rely heavily on cross-border payments. For example, OwlPayis well-positioned to provide an effective and flexible cross-border payment solution for international trading companies that process merchandise import and export globally, ticketing companies that process flight and other transportation bookings and logistics companies that handle international merchandise shipment. Our hospitality services include software services and platform services. OwlNestand OwlJourneyserve SMEs in the hospitality sector, including hotels and B&Bs. OwlTing Experiencesprovides travelers with travel activities and experiences as we connect with travel experience business owners and OwlStayprovides travelers with room accommodation services. Our hospitality services have footprints into several regional markets, including Taiwan, Japan, Malaysia, Thailand and the United States. OwlTing Market, our e-commerceplatform, provides a platform for farmers and small business owners in Taiwan to extend their reach to end consumers. Our Growth Strategies We aim to maintain and strengthen our position and intend to pursue the following key strategies. Continue to Expand Our Payment Business Operations Organically by Leveraging Existing and Future Business Partnerships We expect to expand our payment business by leveraging the following business drivers:

| • |     | OTAs. In connection with our hospitality offering via OwlNest, we partner closely