Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 184

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 184
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 provides; and (ii) commission fees, under which model we charge a commission fee based on the price of orders we process for our clients through our PMS services.
Additionally, for our add-on room fee collection services for OwlNestclients, we charge a processing fee based on a contractually agreed percentage of the collected amounts.

B. Hospitality-related platform services

a. OTA Platform: OwlJourney and OwlTing Experiences

OwlJourney and OwlTing Experiences are OTA platforms facilitating transactions of hotels and B&Bs as well as
travel activities and experiences. For the hospitality providers who also use OwlNest, we further integrate inventory data from OwlNest in displaying the most accurate real-time inventory on our OTAs. OwlJourney and OwlTing Experiencesempower hospitality providers with optimized efficiencies and comprehensive travel experiences to reach to broader international customers. For OwlTing Experiences, we sell the products at a predetermined unit price on the
platforms. For OwlJourney, we charge a fee from completed bookings of hospitality service providers’ offerings on our platform.

b. Platform Offline Services: OwlStay

We provide to travelers our self-branded offline platform service offering accommodation in Taiwan with an average room rate of
US$100-150 per night and a total of 90 rooms. The annual average occupancy 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