From software to the skies, China’s self-sufficiency drive meets economic reality
A key government document on rare earths was created using homegrown Chinese word processing software. And China's homegrown C919 regional jet has suffered a setback.
Beijing software pivot puts Kingsoft in focus. But can it deliver?
A government announcement on a document using the company’s word processing program stirred expectation for accelerated import substitution in software systems Key Takeaways: The Chinese government’s use of Kingsoft word…
BRIEF: Kingsoft Office’s first-quarter profit climbs 10%
Kingsoft Corp. Ltd. (3888.HK) said on Wednesday that its Beijing Kingsoft Office Software Inc. (688111.SH) subsidiary’s revenue rose 6.2% year-on-year to 1.3 billion yuan ($1.78 million) in the first quarter,…
JST Group shows there’s still growth potential in China’s tough e-commerce market
The country’s largest provider of ERP software as a service for e-commerce has filed a second time to list in Hong Kong, reporting its revenue grew more than 30% last…
MiniMax scores big new funds, but likely to need more in expensive AI race
The AI company is reportedly close to securing $250 million in new cash, attracting investors with its deep talent pool and growing stable of products Key Takeaways: AI company MiniMax…
Price war rains on Kingsoft Cloud despite improving profitability
The cloud services provider reported a sharp gross margin increase in the first quarter as it jettisoned less-profitable customers Key Takeaways: Kingsoft Cloud reported its first-quarter revenue fell 14.2%, but…
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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Beijing software pivot puts Kingsoft in focus. But can it deliver?
3888.HK
688111.SHG
BRIEF: Kingsoft Office’s first-quarter profit climbs 10%
3888.HK
688111.SHG
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