Core Insights - Youxin Technology Ltd has completed the acquisition of Celnet Technology Co., Ltd, marking a significant step in its strategic expansion and internationalization efforts [1][2][3] Company Overview - Youxin Technology is a SaaS and PaaS provider focused on aiding retail enterprises in their digital transformation through cloud-based solutions [4] - The company offers a comprehensive suite of omnichannel digital solutions that integrate various aspects of commerce, including inventory management and ecommerce capabilities [4] Acquisition Details - Following the acquisition, Youxin Technology holds 51% equity in Celnet, which is the largest Salesforce.com partner in China [2] - The acquisition is projected to contribute approximately $1.3 million in revenue during the first half of fiscal year 2026, representing a 376% increase compared to the same period in fiscal year 2025 [2] Strategic Implications - The integration of Youxin's cloud-based platforms with Celnet's CRM expertise and AI solutions is expected to enhance client value and drive revenue growth [3] - The acquisition positions Youxin Technology to strengthen its AI-driven innovation and accelerate its entry into international markets, thereby enhancing its competitive strength [3]
Youxin Technology Ltd Completes Acquisition of Celnet