36Kr Enterprise Service Review Platform Enters Into One-stop Marketing Service Cooperation with ByteDance's Volcano Engine
36Kr Holdings Inc. (NASDAQ: KRKR) announced a collaboration between its Enterprise Service Review Platform and Volcano Engine, the cloud service brand of ByteDance. This partnership will provide comprehensive marketing solutions including customer acquisition and content management. The platform already showcases around 6,000 SaaS products and has seen its monthly active users rise to about 900,000, a nearly 26-fold increase year-over-year. This collaboration aims to enhance the efficiency of customer acquisition and product selection for clients, marking a significant step in 36Kr's business development.
- Collaboration with Volcano Engine will enhance marketing services for SaaS providers.
- Rapid growth in monthly active users, reaching approximately 900,000, up 26 times year-over-year.
- Showcasing of approximately 6,000 SaaS products enhances product offerings.
- Growth of authentic reviews by nearly 50 times, surpassing 21,000, boosts platform credibility.
- None.
BEIJING, July 5, 2022 /PRNewswire/ -- 36Kr Holdings Inc. ("36Kr" or the "Company") (NASDAQ: KRKR), a prominent brand and pioneering platform dedicated to serving New Economy participants in China, today announced that its Enterprise Service Review Platform has entered into a one-stop marketing service cooperation with Volcano Engine, ByteDance's cloud service brand.
Under the cooperation agreement, 36Kr Enterprise Service Review Platform will provide comprehensive marketing solutions for Volcano Engine, including customer acquisition, content marketing management and promotional campaigns, among others. As China's pioneering SaaS platform for enterprise services software selection, 36Kr Enterprise Service Review Platform has developed a set of proprietary marketing solutions, including customer acquisition and conversion of sales leads, as well as marketing campaigns, promotions, content production and community operations for all types of SaaS providers. For Volcano Engine, 36Kr Enterprise Service Review Platform will provide a one-stop solution tailored to its business and products across cloud services, big data, and intelligent technologies. Leveraging its fast-growing userbase and in-depth understanding of the SaaS industry, 36Kr Enterprise Service Review Platform will not only empower Volcano Engine with effective access to target customer groups, secure and convert sales leads, but will also provide multiple types of value-added content operations such as live broadcasts, evaluation reports, and in-depth interviews to solidify Volcano Engine's unique market position in the SaaS industry.
Riding the wave of digital transformation in China, 36Kr launched its Enterprise Service Review Platform in late 2020, aspiring to build the go-to destination for enterprises to efficiently identify and procure SaaS products most suitable to their individual needs. 36Kr Enterprise Service Review Platform is designed to address the pain point of information asymmetry between buyers and sellers in the enterprise services market. With a comprehensive library of SaaS apps and products, a growing display of authentic reviews and commentaries, and a structured knowledge graph, 36Kr Enterprise Service Review Platform helps all participants in the digital transformation and upgrade process to make informed decisions on SaaS product procurement for their respective businesses. Following a year and a half of incubation, 36Kr Enterprise Service Review Platform has grown into one of the most comprehensive, authoritative, influential, and convenient enterprise service platforms in China.
By the end of the first quarter of 2022, 36Kr's Enterprise Service Review Platform had showcased approximately 6,000 mainstream SaaS products, spanning enterprise services software across 16 sectors and 200 industries. The platform now covers most of the leading and well-known SaaS brands, and its monthly active users (MAUs) reached approximately 900,000 during the first quarter, rising nearly 26 times year-over-year. The total number of authentic reviews on its platform surged almost 50 times to over 21,000, and the number of registered SaaS merchants on the platform has also grown significantly, reaching almost 700 to date. Since kicking off its initial commercialization efforts in early 2022, 36Kr Enterprise Service Review Platform has signed service contracts with an array of leading enterprise software brands, including Kingdee, Beisen, Polyv, HiteVision, and EC SCRM.
Mr. Dagang Feng, 36Kr's co-chairman and CEO, commented, "We are delighted to have entered into a one-stop marketing cooperation with Volcano Engine, which marks another important breakthrough in our Enterprise Service Review Platform's business development. As a prominent brand and pioneering platform serving New Economy participants in China, 36Kr has accumulated vast content assets, a diversified portfolio of service capabilities, and dominant influence in the New Economy space over the past decade. Our innovative Enterprise Service Review Platform will further extend 36Kr's service boundaries, harnessing our content advantage, massive user base, and enterprise data to help clients improve efficiency in their customer acquisition as well as product selection. Moving forward, with our relentless efforts in product optimization and commercialization, we believe that our Enterprise Service Review Platform will become a new growth engine for 36Kr, accelerate the expansion of our business boundaries, and unlock more of the Company's potential value."
About 36Kr Holdings Inc.
36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more. The Company started its business with high-quality New Economy-focused content offerings, covering a variety of industries in China's New Economy with diverse distribution channels. Leveraging traffic brought by high-quality content, the Company has expanded its offerings to business services, including online advertising services, enterprise value-added services, and subscription services, to address the evolving needs of New Economy companies and upgrading needs of traditional companies. The Company is supported by a comprehensive database and strong data analytics capabilities. Through diverse service offerings and significant brand influence, the Company is well-positioned to continuously capture the high growth potential of China's New Economy.
For more information, please visit: http://ir.36kr.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goal and strategies; the Company's future business development, results of operations and financial condition; relevant government policies and regulations relating to our business and industry; the Company's expectations regarding the use of proceeds from this offering; the Company's expectations regarding demand for, and market acceptance of, its services; the Company's ability to maintain and enhance its brand; the Company's ability to provide high-quality content in a timely manner to attract and retain users; the Company's ability to retain and hire quality in-house writers and editors; the Company's ability to maintain cooperation with third-party professional content providers; the Company's ability to maintain relationships with third-party platforms; general economic and business conditions in China; possible disruptions in commercial activities caused by natural or human-induced disasters; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
36Kr Holdings Inc.
Investor Relations
Tel: +86 (10) 5825-4188
E-mail: ir@36kr.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: 36Kr@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: 36Kr@tpg-ir.com
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SOURCE 36Kr Holdings Inc.
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