Yonyou IPO tests whether AI will rewrite the software business
The Chinese enterprise software pioneer is pitching AI as its next growth engine, even as the technology forces investors to rethink the future of the global software industry Key Takeaways:…
In the digital intelligence battle, Digiwin bets on ancient Greek goddess
The maker of enterprise resource planning solutions for manufacturers has applied to list in Hong Kong, seeking funds to expand its Athena Digital and Intelligent Platform Key Takeaways: Digiwin has…
Auto parts platform Casstime sets IPO course on EV hopes
The operator of a digital hub for automotive components and services is seeking a Hong Kong listing, citing plans to expand its coverage to meet rising demand Key Takeaways: Casstime…
Chinasoft stays hitched to Huawei as revenue, profit contract
The IT outsourcing company’s revenue fell 6.2% in the first half of the year, as it continued staff cuts dating back to last year Key Takeaways: Chinasoft’s revenue and profit…
Kingdee transition still ongoing as cloud unit casts shadow on profits
China’s biggest corporate software maker is scaling back its enterprise resource planning (ERP) business, but costs for its newer cloud unit are still nearly one-third of revenue Key Takeaways: Kingdee’s…
Retail slowdown takes wind out of Dmall’s advancing IPO
The provider of cloud-based services for traditional and e-commerce retailers posted revenue growth of just 1.6% in the first quarter Key Takeaways: Dmall’s revenue growth slowed sharply in the first…
Kingdee Inches Back Toward Profitability as Transformation Accelerates
One of China’s oldest software makers said three-quarters of its revenue came from cloud-based services last year, tripling its share of the company’s revenue pie compared with 2017Key Takeaways:Kingdee said…
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