Strategy Note /
ChinaChinese 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
