News / Taiwan / economic_daily
Health Supplement Firm Ten-Se Set for December IPO with Dual-Market Strategy
Consumer Non-Durables · Household/Personal Care · economic_daily · 2026-11-03
7889
Taiwanese health supplement company Ten-Se is set to list on the Taipei Exchange in early December, leveraging its dual-focus on human and pet health products.
What Happened
IPO Timeline: KGI Securities-sponsored Ten-Se Co., Ltd. has successfully cleared the Taipei Exchange review process. The company held its pre-listing performance briefing on the 3rd and is scheduled to debut on the exchange in early December.
Dual-Market Strategy: Ten-Se focuses on herbal research, operating two core brands: 'Damo' for human supplements and 'Pet's Time' for pet health. By targeting both human and pet wellness, the company has maintained a robust gross margin of approximately 70% in recent years.
Omnichannel Expansion: The company utilizes an integrated online-to-offline strategy, with products available in over 1,700 physical pharmacies and drugstores. Additionally, a joint venture with Wanda Pet has significantly bolstered its presence in the pet retail sector, driving offline revenue growth.
Future Growth: Looking ahead, Ten-Se plans to expand into sports nutrition and corporate wellness markets through B2B partnerships. KGI Securities expects the IPO to provide the capital flexibility needed to accelerate product innovation and market penetration.