Kingdee Shares Reach New Peak, Hitting HKD 18.96

China's SaaS: An 'Open Ocean' Up Ahead

China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger. This article is an overview of the country's cloud computing industry featuring the key players in the market, including Kingdee, Kingsoft Cloud, Youzan and Weimob.

15 Companies to Watch in May 2023 -- New Technology

Editor's note: We at EqualOcean tracked the major funding rounds or industry events that took place in China's new technology space in May 2023. And the following is a list of deals that we have selected for you, based on a number of criteria, including the funding amount, the financial backers, and the segments in which the companies operate.

IDG-backed Database Vendor SelectDB Completes Pre-A Series Financing of CNY 100 Million

The rapid acceleration of digital transformation has led to a surge in demand for real-time processing and application of big data across various industries. Consequently, the need for timely analysis has become increasingly critical. SelectDB has a strong dedication to addressing the challenges faced by various industries and constructing a data warehouse that operates in real-time and possesses universal capabilities that can be applied across industries.

Chinese Video Platform Bilibili’s Revenue in Q1 2023 Reaches CNY 5.07 Billion, Up 0.3% YoY

Bilibili will accelerate commercialization, improve profit margins and make steady progress toward its break-even goal in 2023, said Chen Rui, chairman and CEO of Bilibili.

Kingdee Sees Loss of CNY 242 Million in 1H 2020

In 1H 2019, Kingdee recognized a net profit of CNY 109.64 million. The cloud transition and the pandemic have cost the company dearly.