Core Viewpoint - The company Qichacha, a leading player in the commercial big data sector, has submitted its IPO application to the A-share main board, marking a significant milestone in its growth trajectory since its establishment in 2014 [2][3]. Company Overview - Qichacha, headquartered in Suzhou, is a comprehensive commercial big data service provider with products including the Qichacha app, professional version, and data interface services. By June 2025, it is projected to have over 150 million registered users and more than 80 million monthly active users [2]. - The company initially aimed to provide venue rental services but pivoted to focus on business information needs after identifying inefficiencies in the market [4][5]. Business Model and Product Offerings - Qichacha has developed a range of products for both C-end (consumer) and B-end (business) users, including membership products and professional services tailored to various industries such as finance, legal, and retail [7][11]. - The company has established a significant user base, with cumulative registered users projected to grow from approximately 88.22 million in 2022 to 150.79 million by mid-2025 [10]. Financial Performance - Qichacha's revenue has shown consistent growth, with reported revenues of approximately 518.48 million, 618.29 million, and 708.41 million yuan over the past three years, reflecting a compound annual growth rate of 16.89% [12]. - The company plans to raise 1.5 billion yuan through its IPO, with funds allocated for AI and big data product development, enhancing both C-end and B-end offerings [12]. Market Position and Competitive Landscape - Qichacha is recognized as a "super invisible champion" in the commercial big data sector, leading in mobile app downloads among business information service providers in China [13]. - The company has been acknowledged for its innovative contributions, including being the first data service provider to be accepted for listing on the Shanghai Stock Exchange following the release of a national action plan supporting data companies [13][14]. Social Responsibility and Innovation - Qichacha emphasizes its commitment to enhancing business efficiency through data, supporting small and medium enterprises during the pandemic, and providing resources for young entrepreneurs [15][16]. - The company’s business model not only focuses on data provision but also aims to foster social innovation and fair market competition [17].
年入7亿!苏州再现超级独角兽:要A股上市,做商业大数据
Sou Hu Cai Jing·2025-10-12 19:04