Slipping AsiaInfo dials up revenue contraction, losses
The telecommunications software maker said its revenue fell about 10% in the first half of the year, as it lost money for the first time since its 2018 Hong Kong…
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…
Stodgy Tax Services IPO Looks Like What U.S. Investors Want from China Now
Lichen China’s plan to raise $25 million avoids most of the controversies that have recently plagued U.S.-listed Chinese companies Key Takeaways: Lichen China has filed for an IPO to raise…
Interior Design Specialist Manycore Aims to Become China’s Autodesk
Money-losing cloud-based services provider files for New York IPO that could value it at up to $1 billion Key Takeaways Manycore has emerged as the clear leader in China's computer-assisted…
Meitu Looks for Makeover in Software as a Service
Popular beauty app boosts stake in SaaS specialist Meidd Technology, which supplies more than 10,000 cosmetic stores across China Key Takeaways: Meitu’s latest makeover is targeting a software as service…
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