瑞银发表研报表示，经历一年多的谨慎情绪后，投资者对SaaS(软件即服务)及应用领域的兴趣正逐步回 升，部分优质企业有望在2026年实现差异化增长，但行业整体复苏仍受预算约束等因素限制。 瑞银在报告中指出，过去一年受人工智能(AI)技术颠覆、市场成熟度担忧等因素影响，投资者对SaaS领 域态度谨慎。但近期，HubSpot(HUBS.US)、赛富时(CRM.US)等企业发布的增长加速信号，叠加市场对 行业终端风险的担忧过度、AI相关交易部分平仓导致SaaS估值相对整体软件行业存在吸引力等因素， 推动投资者重新关注该领域的做多机会。瑞银通过近期虚拟活动收集的IT高管反馈也显示，行业基本面 好于初期预期，并未出现大规模替代现有供应商的现象，AI驱动的裁员也较为有限，部分SaaS企业仍 有望参与AI带来的增长机遇。 展望2026年，瑞银总结了SaaS行业六大核心趋势，看好部分公司能在明年展现出显著的差异化。 垂直领域SaaS企业的云迁移空间更大。服务于建筑、制造、政府等现代化进程较慢行业的垂直应用供应 商(如建筑制造领域的欧特克(ADSK.US)、政府领域的泰勒科技(TYL.US))，仍有大量从本地部署向云端 迁移的机 ...

Salesforce, Inc. (NYSE:CRM) is one of the AI Stocks in the Spotlight for Investors. On December 17, BTIG initiated coverage on the stock with a “Buy” rating and a price target of $335.00. Firm analysts see upside on Agentforce momentum, an improving narrative, and underestimated execution. Having helped pioneer the SaaS model nearly three decades ago, Salesforce is once again confronting a structural shift brought by artificial intelligence. By doing so, it aims to secure a credible second act. The firm ...

Consultative technology leader backed by 55+ years of industry and service expertise NEW YORK and ST. PAUL, Minn., Dec. 22, 2025 /PRNewswire/ -- Toppan Merrill, a global leader in simplifying the complexity of regulatory disclosure and compliant communications, today announces the successful launch and broad market acceptance of their next generation SaaS content creation platform, Quinn by Toppan Merrillâ"¢ (http://www.toppanmerrill.com/Quinn). Continue Reading JoAnn Kern, President Bob Bergstrom, Chief Re ...

Core Viewpoint - NEXION TECH (08420) plans to sell its entire stake in Big Focus and Rich Joy to Muhammad Ridzuan Gurbaksh Bin Abdullah for a total consideration of HKD 500,000, to be paid in cash [1] Group 1: Company Overview - Big Focus is a wholly-owned subsidiary of 巨确, primarily engaged in investment holding, while 湖南渌江 is a wholly-owned subsidiary of 巨确, focusing on SaaS business in China [1] - Rich Joy is a wholly-owned subsidiary of 威发, also engaged in investment holding, and 耐信 is a wholly-owned subsidiary of 威发, operating in the SaaS sector in China [1] Group 2: Financial Performance - The group's SaaS business has shown poor long-term performance and unfavorable prospects, with operating losses reported [1] - Financial data for the target group indicates continued underperformance for the fiscal years 2023, 2024, and the nine months ending September 30, 2025 [1] Group 3: Strategic Rationale - The sale aligns with the company's strategy to reallocate resources towards its core business in cybersecurity solutions and IT software [1] - The board believes that the terms of the agreement are fair and reasonable, aligning with the overall interests of the company and its shareholders [1]

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced the appointment of Rob Bernshteyn and Paul Sagan to the Company's board of directors, effective December 19, 2025. "Rob and Paul bring a wealth of operational experience across SaaS, cybersecurity, and AI that will help drive Okta's next phase of growth,†said Todd McKinnon, Okta CEO and Co-Founder. "Their expertise comes at a pivotal moment, as identity becomes the foundation for secure AI. W ...

Core Insights - Fushi Technology has launched a CRM membership management product for Jumbo, enhancing customer management and retention capabilities [1][3][6] - Jumbo, a well-known seafood brand from Singapore, has expanded its operations to multiple countries in Asia [2] - The CRM solution integrates various features to optimize the consumer journey, including loyalty points, e-vouchers, and mobile ordering [4] Industry Overview - The Southeast Asian market, with over 600 million people and high mobile payment penetration, presents significant opportunities for the food and beverage (F&B) and retail sectors [5] - Local merchants face challenges such as high customer acquisition costs and low conversion rates, which Fushi aims to address with its digital tools [5] - The trend of adopting advanced SaaS tools among dining brands like Jumbo indicates a shift towards sustainable growth and competitive advantage in the market [6]

20VC x SaaStr is Back! SpaceX’s $1.5 Trillion IPO, Lightspeed’s $9 Billion Mega-Raise, and Why All These Late-Stage Giants Staying Private is “The Greatest Gift to Venture in Our Lifetimes” The latest from the 20VC x SaaStr collaboration with Harry Stebbings, Jason Lemkin, and Rory O’DriscollThe TL;DRWe’re living through the greatest wealth transfer in venture capital history—and it’s happening because the best companies refuse to go public. Lightspeed just raised $9 billion. SpaceX is eyeing a $1.5 trilli ...

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - MIIVO HOLDINGS CORP. (TSXV: MIVO) (OTCQB: MIVOF) ("Miivo" or the "Company") is pleased to announce a non-brokered private placement financing (the "Offering") of up to $3,750,000 from the sale of up to 7,500,000 units (each, a "Unit") at a price of $0.50 per Unit. Each Unit will consist of one common share (each, a "Share") in the capital of the Company and one-half-of-one share purchase warrant (each whole warrant, a "Warrant"), with each ...

Group 1 - The core viewpoint of the report is that 聚水潭 (Jushuitan) is positioned as a leading collaborative platform in the e-commerce SaaS ERP sector, providing cloud-based ERP solutions to address pain points faced by e-commerce merchants in multi-platform operations [1] - The company is expected to achieve revenues of 1.14 billion, 1.39 billion, and 1.66 billion yuan for the years 2025, 2026, and 2027 respectively, with net profits of 70 million, 350 million, and 520 million yuan for the same years [1] - The report assigns a reasonable valuation multiple of 12x PS for 2026, resulting in a target price of 42.09 HKD per share, with a "Buy" rating [1] Group 2 - The e-commerce SaaS ERP market is characterized as small yet beautiful, with the ERP system effectively integrating core operational processes within the e-commerce industry, addressing challenges such as cross-platform store management and inventory management [2] - The market for e-commerce SaaS ERP is expected to maintain a high growth rate as it expands its business scenarios and integrates more collaborative functions [2] Group 3 - 聚水潭 holds a solid leading position in the e-commerce SaaS ERP industry, with a market share of 24.4% in 2024, significantly ahead of competitors [3] - The company's financial metrics are improving, with a LTV/CAC ratio reaching 9.3 in 2024, indicating a strong sales and product system [3] - The net customer revenue retention rate for 2024 is 115%, showcasing the company's effectiveness in customer retention and increasing customer spending [3] Group 4 - The company is actively expanding internationally, having established a subsidiary in Thailand and plans to explore opportunities in Southeast Asia, Europe, Latin America, and the Middle East [4] - Leveraging its customer resources accumulated in the e-commerce SaaS ERP field, the company aims to enhance its value-added software business, potentially opening new growth avenues [4]

Group 1 - The core viewpoint of the report is that 聚水潭 is positioned as a leading collaborative platform in the e-commerce SaaS ERP sector, providing cloud-based ERP solutions to address the pain points of e-commerce merchants in multi-platform operations [2] - The company is expected to achieve revenue of 1.14 billion, 1.39 billion, and 1.66 billion yuan, and net profit of 70 million, 350 million, and 520 million yuan for the years 2025 to 2027 respectively [1] - The company is assigned a reasonable valuation multiple of 12x PS for 2026, leading to a target price of 42.09 HKD per share, with a "Buy" rating [1] Group 2 - The e-commerce SaaS ERP market is characterized as small yet beautiful, with the ERP system effectively integrating core operational processes to solve issues related to cross-platform store management and inventory management [3] - 聚水潭 holds a significant market share of 24.4% in the e-commerce SaaS ERP industry in 2024, demonstrating a strong competitive position [4] - The company has a customer retention rate of 115% in 2024, indicating strong performance in customer retention and increased spending [4] Group 3 - The company is actively expanding internationally, having established a subsidiary in Thailand and plans to explore opportunities in Southeast Asia, Europe, Latin America, and the Middle East [5] - 聚水潭 aims to leverage its existing customer resources in the e-commerce SaaS ERP field to further develop its value-added software business, potentially opening new growth avenues [5]