In the process of changing the listing place, zbj.com is also constantly adjusting its business mode
zbj.com (Chinese: 猪八戒股份有限公司）submitted the prospectus to the Hong Kong Exchanges and Clearing Limited (HKEX) on October 14, 2022 for listing on HKEX.
zbj.com, founded in 2006 in Chongqing, is a platform focusing on providing digital enterprise services.
zbj.com connects business employers with service providers through its technology to facilitate transactions and collaborations.
For business employers, zbj.com provides a full range of service products, including marketing, software development, talent recruitment, intellectual property, and others. For enterprise service providers, zbj.com offers a variety of products to assist in the digitalization of their operations, such as Customers Relationship Management system (CRM), project management, and database platforms. In addition, it uses SaaS and other technological tools to improve service efficiency and help the customers to achieve growth.
zbj.com has been attempting to go public since 2011, but has remained unsuccessful.
According to the prospectus, the revenue of zbj.com in 2019, 2020, and 2021 is CNY 717 million (USD 99.62 million)，CNY 757.1 million, and CNY 767 million respectively. In H1 2022, this figure is CNY 287.1 million, down 25.26% from CNY 384 million in the same period of the previous year.
In 2019, 2020 and 2021, the profit of zbj.com from continuing operations is CNY -214 million, CNY 18.12 million and CNY -339 million respectively. In H1 2022, the loss from continuing operations is CNY 112 million, compared to CNY 20.89 million in the same period of the previous year.
In 2020, 2021 and H1 2022, the total GMV of zbj.com is CNY 5,482 million, CNY 8,405 million and CNY 3,635 million, respectively, the average customer unit price is CNY 21,097, CNY 25,416 and CNY 22,888, respectively.
Although the performance of zbj.com is positive from an overall trend, the company is still in the red in recent years. From 2019 to H1 2022, zbj.com lost CNY 272.5 million, CNY 267.9 million, CNY 366.2 million and CNY 133.3 million respectively, for a total loss of CNY 1,039.9 million.
In recent years, zbj.com has gradually reduced its spending on sales and marketing.
The competitors of zbj.com include epwk.com (Chinese: 一品威客)，TaskCN.com（Chinese: 任务中国)，k68.cn (Chinese: K68威客网) and taskzb.com (Chinese: 极客众包).