BRIEF: JST launches $267 million Hong Kong IPO
E-commerce enterprise resource planning (ERP) software provider JST Group Corp. Ltd. (6687.HK) launched its Hong Kong IPO on Monday, aiming to sell 68.17 million shares for HK$30.60 each to raise…
BRIEF: Synagistics eyes major Chinese SaaS acquisition
Southeast Asian e-commerce company Synagistics Ltd. (2562.HK) announced on Monday that it has agreed to acquire 80% or more of a major Chinese software as a service (SaaS) platform, with…
BRIEF: Dmall shares plunge in Hong Kong trading debut
Shares of Dmall Inc. (2586.HK) lost more than half their value on their first trading day, as the provider of software services for retailers raised HK$624 million ($80 million) in…
Dmall shops for investors, even as business remains mostly a family affair
The provider of SaaS products for retailers has filed for a Hong Kong IPO, sporting a customer list mostly comprised of companies affiliated with its parent, Wumei Key Takeaways: In…
FAST NEWS: Xuan Wu Cloud’s loss narrows on cost controls
The Latest: Customer relationship management (CRM) services provider Xuan Wu Cloud Technology Holdings Ltd. (2392.HK) forecast on Monday that its net loss for the first half of this year would narrow by 60%…
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…
FAST NEWS: Xuan Wu Cloud’s loss widens on stiff competition
The latest: Customer relationship management (CRM) services provider Xuan Wu Cloud Technology Holdings Ltd. (2392.HK) said on Wednesday it expects to report a net loss of 63 million yuan ($8.8 million)…
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