China

Chinese SaaS Infobird: Actively trying to transition, Neutral due to uncertainty

  • FBD launched an IPO in April 2021, investors do not seem confident about the shares

  • Impacted by COVID-19 and the loss of its largest client, the company has changed its revenue structure significantly

  • IFBD seeks to put more weight on standard business. Whether or not this transition will be successful is yet to be seen

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June 15th, 2021
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