Infobird Software (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of innovative AI-powered, or artificial intelligence-enabled, customer engagement solutions in China, has finalized a cooperative agreement with SaSa Cosmetics (China) Co. Ltd. The agreement is designed to deliver enhanced customer service and marketing capabilities, key components of Infobird’s commitment to creating a new experience in beauty retail services. SaSa International Holdings Limited is a leading cosmetics retail and beauty service group in Asia and is one of the larger retail groups in China Hong Kong, with more than 300 physical retail stores and counters located throughout Asia. SaSa carries almost 1,000 well-known brands. InfoBird’s partnership with SaSa indicates the success the company’s standardized SaaS products have seen in the retail sector. In the announcement, Infobird noted that its focus on transforming its customized SaaS product offering to standardized SaaS is gaining traction and recognition within the industry. The strategic move has allowed the company to expand its client base and cover more industry sectors; the company believes this agreement with SaSa is the first of many similar opportunities. In the announcement, the company noted that it is projecting revenue for fiscal 2021 will total $22 to $25 million, which represents an anticipated growth rate of more than 50%. As a leading AI SaaS provider in customer engagement in China, Infobird’s AI SaaS customer-engagement platform operates with a customer-manager mindset and provides an outstanding set of solutions designed to support companies as they work on improving marketing performance throughout the entire customer engagement journey.
To view the full press release, visit https://ibn.fm/6WxQ1
About Infobird Software Co. Ltd.
Infobird, headquartered in Beijing, China, is a software-as-a-service (“SaaS”) provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. For more information about the company, visit www.Infobird.com.
NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at https://ibn.fm/IFBD
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