Company Research Report: 91APP, Inc.
Company Overview
- Name: 91APP, Inc. (Ticker: 6741)
- Mission: Providing innovative SaaS-based solutions to drive D2C and OMO business growth for retail brands.
- Founded: 2013
- Founder: Steven Ho (何英圻)
- Key People:
- Steven Ho, Founder and Chairman
- Headquarters: Taipei, Taiwan
- Number of Employees: Over 600 employees
- Revenue:
- October 2024 Revenue: NTD 128.902 million
- Cumulative Revenue (Jan-Oct 2024): NTD 1,266.958 million
- Company Known For: As Taiwan's first publicly listed native SaaS software service provider, 91APP is known for its D2C and OMO retail solutions.
Products
- Commerce Cloud: Provides comprehensive solutions for digital commerce.
- Key Features: Integration of multiple sales channels to enhance retail operations.
- Marketing Cloud: Offers marketing solutions to boost brand visibility and performance.
- Key Features: AI-driven marketing insights and personalized consumer engagement strategies.
- 91APP Payments: Facilitates seamless payment solutions for retail operations.
- Retail Media Marketing: An advertising platform using AI to optimize retail media strategies.
- 360 Brand Digital Operation: Empowers brands with holistic management of digital sales operations.
- Brand Commerce Growth Advisory Service: Provides strategic consulting to enhance brand retail impact.
Recent Developments
- Revenue Growth:
- Recorded highest-ever monthly sales in August, September, and October 2024, with significant year-over-year growth rates each month.
- Product Launches:
- RMN3.0 Service: Launched in September 2024, marking entry into the digital advertising market with AI-enhanced retail media solutions.
- Partnerships:
- Meta Certification: Achieved the highest level of "Media Certified Company" by Meta in August 2024.
- Awards:
- Won the "2024 Middle Market Potential Award" for innovation, competitive advantage, and sustainable growth.
Additional Information
Awards and Recognition
- Recognized by Google and LinkedIn through various awards for excellence in business solutions and employment practices.
- Received the highest PCI DSS certification for credit card data security.
Growth Strategy and Operations
- Focus on empowering retail brands through digital transformation initiatives and customer engagement strategies.
- Expansion plans in Taiwan, Hong Kong, and Malaysia with strategic investments to accelerate overseas operations.
Technological Innovations
- Developed proprietary AI solutions like the Retail AI "jooii," enhancing retail efficiency and consumer insights.
- Patented technologies in the areas of app development and multi-channel integration for retail.
This report provides a comprehensive overview of 91APP, Inc., showcasing its position as a leader in retail SaaS solutions with a strong footing in the D2C and OMO markets.