Kingdee Shares Reach New Peak, Hitting HKD 18.96

China's SaaS: An 'Open Ocean' Up Ahead

China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger. This article is an overview of the country's cloud computing industry featuring the key players in the market, including Kingdee, Kingsoft Cloud, Youzan and Weimob.

China's Discount Retailer Vipshop Achieves Revenue of CNY 27.5 Bn in Q1 2023, Up 9% YoY

With the recovery of consumer spending, Vipshop is further enriching the supply of branded products to meet the fast-growing demand for quality consumption.

Chinese E-commerce Giant Pinduoduo Achieves Revenue of CNY 37.64 Bn in Q1 2023, Up 58% YoY

Since this year, Pinduoduo has accelerated its strategic transformation from fast to stable, from speed to quality. Currently, Pinduoduo aims to integrate high-quality development across all domains of platform governance, merchant ecology, high-quality supply chain, and high-quality consumption.

Semiconductor Company iSABers materials Completes Over $220 Million Series A++ Financing

iSABers materials (Chinese: 青禾晶元), a semiconductor materials bonding and integration technology company, announced that it has completed a Series A++ financing round totaling RMB 220 million.

Kingdee Sees Loss of CNY 242 Million in 1H 2020

In 1H 2019, Kingdee recognized a net profit of CNY 109.64 million. The cloud transition and the pandemic have cost the company dearly.