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36Kr Enterprise Service Review Platform Enters into Strategic Marketing Collaboration with Lenovo Group

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36Kr Holdings Inc. (NASDAQ: KRKR) announced a strategic cooperation with Lenovo to enhance its Enterprise Service Review Platform. This partnership aims to improve Lenovo's customer acquisition for small- and medium-sized businesses through targeted marketing services, leveraging big data analytics. Launched in August, a dedicated content channel focuses on innovative enterprises. The platform showcased over 6,600 SaaS products with 900,000 monthly active users and over 32,000 authentic reviews as of Q2 2022. This collaboration marks a significant milestone in 36Kr's growth strategy, aiming to address the digitalization demands in China's market.

Positive
  • Strategic cooperation with Lenovo enhances brand influence and customer acquisition for small- and medium-sized businesses.
  • As of Q2 2022, the platform supports over 6,600 SaaS products and has nearly 900 registered SaaS merchants.
  • The monthly active users (MAUs) reached approximately 900,000, an 18-fold increase year-over-year.
  • Authentic reviews increased 17 times year-over-year to over 32,000.
Negative
  • None.

BEIJING, Oct. 17, 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 strategic cooperation with Lenovo, a renowned Fortune Global 500 Company. 36Kr will provide in-depth marketing services designed to empower Lenovo's business unit targeting small- and medium-sized businesses ("Lenovo SMB") with customer acquisition solutions, as well as improve its brand influence.

Under the cooperation, 36Kr will provide a broad array of value-added services, including precise customer acquisition, brand management and interactive marketing, among others. Leveraging its advanced big data analytics, 36Kr Enterprise Service Review Platform will identify effective marketing qualified leads (MQLs) for Lenovo SMB. At the same time, the platform will extend Lenovo's reach among potential customers through diverse marketing campaigns, such as live streaming events, specialized forums and evaluation reports. Notably, 36Kr and Lenovo jointly created a content channel targeting "specialized, refined, differentiated and innovative" enterprises to enhance Lenovo's brand influence and empower small- and medium-sized enterprises to expand their businesses. The Lenovo-sponsored channel was launched on 36Kr's official website in August this year.

Incubated in the latter half of 2020, 36Kr Enterprise Service Review Platform is dedicated to becoming the go-to destination for enterprises to efficiently identify, research and procure SaaS products. To this end, the platform has developed a full set of proprietary marketing solutions, including sales leads acquisition, retention, conversion and marketing campaigns to assist SaaS providers in acquiring customers with precision targeting. Meanwhile, through its accumulated authentic user reviews and comments, the platform also enables buyers to select the best and most appropriate SaaS solutions as they navigate the digital transformation and upgrading process. Notably, 36Kr Enterprise Service Review Platform covers nearly all leading brands as well as many mid-range brands and other widely-known brands in China's SaaS industry, and has pioneered industry classification standards. Furthermore, as an independent third-party platform, 36Kr Enterprise Service Review Platform continuously improves its product matrix, focusing on its product library, user review library, key influencer database and knowledge graph library in an effort to create a "Magic Quadrant" style research resource for China's enterprise services industry, while also ensuring the platform's objectivity, fairness and authority.

Since its establishment, 36Kr Enterprise Service Review Platform has seen rapid growth in its main operating metrics. As of the second quarter of 2022, 36Kr Enterprise Service Review Platform had showcased a total of over 6,600 mainstream SaaS products, spanning enterprise services software across 16 sectors and 200 industries with broad coverage of leading and well-known SaaS brands. More excitingly, the Enterprise Service Review Platform's monthly active users (MAUs) reached approximately 900,000 during the second quarter, a more than 18-fold increase compared with the same period of last year. The number of authentic reviews climbed 17 times year-over-year to over 32,000, up 56% sequentially, and the number of registered SaaS merchants on the platform also continued to grow, reaching almost 900 to date. On the commercialization front, 36Kr Enterprise Service Review Platform has established business partnerships with a wide range of renowned enterprise software brands, including Volcano Engine, Kingdee, Beisen, Polyv, HiteVision, and EC SCRM.

Mr. Feng Dagang, 36Kr's co-chairman and CEO, commented, "We are delighted to have established this in-depth strategic marketing collaboration with Lenovo Group. It represents another milestone in our commercialization of our 36Kr Enterprise Service Review Platform, which has rapidly grown into a leading enterprise service platform already serving many renowned SaaS brands in China. Moving forward, we will continue to join hands with China's leading SaaS service providers to meet the huge digitalization demands of key industries and enterprises, creating more successful benchmark cases and cementing our position as the industry's flagship platform. We are confident that as we further refine our dynamic service ecosystem, our platform, product and service advantages will compound in tandem, propelling us to the top of this immense market worth hundreds of billions of RMB while further broadening 36Kr's service boundaries and building a second growth engine for the Company."

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 

Cision View original content:https://www.prnewswire.com/news-releases/36kr-enterprise-service-review-platform-enters-into-strategic-marketing-collaboration-with-lenovo-group-301650546.html

SOURCE 36Kr Holdings Inc.

FAQ

What is the strategic collaboration between 36Kr and Lenovo about?

36Kr and Lenovo are collaborating to enhance customer acquisition services for Lenovo's small- and medium-sized business segment using 36Kr's Enterprise Service Review Platform.

When was the content channel targeting innovative enterprises launched?

The dedicated content channel was launched in August 2022.

How many SaaS products does 36Kr's platform showcase?

The platform showcases over 6,600 SaaS products across various sectors.

What were the monthly active users of the 36Kr platform in Q2 2022?

The platform had approximately 900,000 monthly active users in Q2 2022.

What is the significance of 36Kr's partnership with Lenovo for investors?

The partnership marks a significant milestone in 36Kr's growth strategy, potentially increasing its market presence and financial performance.

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