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Yonyou

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Yonyou Network Technology Co., Ltd.
Company typePublic
SSE: 600588
IndustryInformation technology
Founded1988
Headquarters,
Key people
ProductsSoftware
RevenueCN¥8,931.8 million (FY 2021)[1]
Total assetsCN¥17,329.34 million (at 31 December 2021)[2]
Total equityCN¥6,987.46 million (at 31 December 2021)[2]
Number of employees
21000
Websiteintl.yonyou.com

Yonyou (officially Yonyou Network Technology Co., Ltd., formerly yonyou Software Co., Ltd.)[3] is a Chinese company, principally engaged in the development and distribution of enterprise management software and cloud services.

Yonyou has around 230 branches worldwide, including Mainland China, Singapore, Macau, Hong Kong, Malaysia, Taiwan, Thailand and Indonesia.

Products

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Yonyou provides enterprise cloud services and management software Enterprise Resource Planning (ERP) including Supply Chain Management (SCM), Customer Relationship Management (CRM), Human Resources (HR), Business Intelligence (BI), Office Automation (OA), Financial Management (FMS), etc. It also offers industry-wide solutions for retail, education, F&B, finance, construction, public organization and so on.

Market share

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Annual market reports from independent research firms, IDC and CCID Consulting, ranked Yonyou as China's No. 1 management solution provider over the past five years consecutively.

Yonyou Network Technology announced its financial results for 2021. Gross revenue amounted to RMB 8.932 billion (US$1.404 billion). Revenue from cloud services (excluding financial cloud services) amounted to RMB 5.321 billion (US$836 million), up 55.5% year-on-year.[4]

According to "Market Share Analysis: ERP Software, Worldwide, 2019 - By Gartner", Yonyou is one of the top ten vendors in ERP software.[5]

See also

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References

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  1. ^ "600588.SS - Yonyou Network Technology Co Ltd Financials". Reuters.
  2. ^ a b "600588.SS - Yonyou Network Technology Co Ltd Financials". www.reuters.com. Retrieved 7 April 2020.
  3. ^ "600588.SS - Yonyou Network Technology Co Ltd Profile". www.reuters.com. Retrieved 7 April 2020.
  4. ^ "Yonyou Announces its Annual Report 2021". 2022-03-22. Retrieved 2022-08-01.
  5. ^ "Market Share Analysis: ERP Software, Worldwide, 2019". Gartner. Retrieved 2020-05-06.