Landbay Inc. reported revenue of USD 0.16 million for the second quarter (Q2) ended June 30, 2025, generated from its newly launched online data marketing services through its subsidiary Zhejiang Toumi. Cost of sales for the period amounted to USD 0.14 million. Operating expenses for Q2 2025 were USD 0.00 million, reflecting a significant decrease primarily due to lower professional fees. During the quarter, Landbay Inc. began its technology service business in June 2025, following a management change and a shift in business strategy. The company is preparing to launch its live software service business via Zhejiang Toumi, which has been delayed beyond the initially scheduled August 2024 launch due to technical issues. Preparations for the service launch are ongoing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landbay Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001099910-26-000058), on February 02, 2026, and is solely responsible for the information contained therein.