Infobird Co Ltd

Infobird Co. Ltd. engages in the provision of standard and customized customer relationship management cloud-based services. It offers software-as-a-service (SaaS) and business process outsourcing (BPO) services to clients, through its variable interest entity. The company was founded in 2001 and is headquartered in Beijing, China.

Infobird Co. Ltd. is a holding company, which engages in the provision of standard and customized customer relationship management cloud-based services. It offers software-as-a-service (SaaS) and business process outsourcing (BPO) services to clients. The company was founded on October 26, 2001 and is headquartered in Hong Kong.

Gone are the days when customers had only one way of contacting a company and companies just waited for the customers to reach out to them. Dialing into help centers with long wait times for assistance and passively responding to client's needs represent an outdated model that can harm a business's reputation.

The Chinese Leader in Customer Engagement Solutions Expecting 50% Y-o-Y Revenue Growth in 2021

New York, New York--(Newsfile Corp. - June 24, 2021) - Infobird Co., Ltd (NASDAQ: IFBD) was recently featured in an article by leading financial news website and publisher, SmallCapsDaily. The article is an extensive overview of Infobird's progress as a global leader in the Software-as-a-Service (SaaS) and cloud computing spaces. With its recent IPO in April 2021, Infobird continues to expand its base in SaaS, while diversifying its interest; the Company recently announced engagements with...

SmallCapsDaily: Infobird Is A Rare, Undervalued and Profitable SaaS Gem

Enterprise SaaS (software-as-a-service) providers are known to command very high valuations in today's times given the stable corporate client base and the consistent recurring revenues. Most profitable companies in this industry are known to have an enterprise-value-to-revenue ratio above 7 to 8, and the perceived value has only increased after Covid-19 given the increased digitization and cloud adoption among enterprises across the globe.

Infobird: Flying to New Heights

Digital customer solutions to enhance engagement with growing elderly economy BEIJING, CHINA / ACCESSWIRE / June 10, 2021 / Infobird Co., Ltd (NASDAQ:IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China, announced that Zu Li Jian, the leading shoe company for the elderly in China has selected Infobird's digital customer engagement solutions to support improvements to customer service, management and marketing. This announcement marks another successful customer award for Infobird's digital customer engagement solutions in the retail industry and is expected to provide new vitality to China's elderly economy and retail industry.

Infobird Selected by Leading Shoe Manufacturer, Zu Li Jian, to Support Improved Customer Experience

BEIJING, CHINA / ACCESSWIRE / June 9, 2021 / Infobird Co., Ltd ("Infobird"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China, announces the issuance and sale of an additional 125,000 ordinary shares at a public offering price of $4.00 per share, before underwriting discounts and commissions, resulting in gross proceeds of $500,000, before underwriting discounts and commissions and offering expenses, pursuant to the partial exercise of the underwriters' over-allotment option in connection with Infobird's previously announced underwritten initial public offering. After giving effect to the partial exercise of the underwriters' over-allotment option, the total number of ordinary shares sold by Infobird in the initial public offering was 6,375,000 shares and gross proceeds were $25,500,000, before underwriting discounts and commissions and offering expenses.

Infobird Co., Ltd. Announces Exercise and Closing of Underwriters' Over-Allotment Option in Initial Public Offering

BEIJING, CHINA / ACCESSWIRE / June 3, 2021 / Infobird Co., Ltd (Nasdaq:IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China, announced it has entered into a cooperative agreement with SaSa Cosmetics (China) Co., Ltd., with the goal of delivering enhanced customer service and marketing capabilities to create a new experience in beauty retail services.

Infobird Co., Ltd Empowers Customers Engagement in SaSa Stores, Creating a New Experience in Beauty Retail Services

BEIJING, May 20, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – The digital economy has become the new engine of China's economic growth. Recently, Infobird Software (Nasdaq: IFBD) (“Infobird” or the “Company”), a software-as-a-service (SaaS) provider of AI-powered customer engagement solutions in China, and China Electronic System Technology Co., Ltd. (CESTC) reached an ecological cooperation agreement. The two parties will carry out comprehensive and in-depth cooperation in the fields of modern digital cities and credit creation to jointly promote the accelerated development of China's digital economy.

Infobird and CESTC Reach Ecological Partnership Agreement To Jointly Promote Digital Economy Development

BEIJING, May 15, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Infobird Co., Ltd (Nasdaq: IFBD) (“Infobird”), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, today announces that it has filed its annual report on Form 20-F for the fiscal year ended Dec. 31, 2020, with the U.S. Securities and Exchange Commission (the “SEC”). The annual report on Form 20-F, which contains Infobird's audited consolidated financial statements, can be accessed through the SEC's website at www.sec.gov or Infobird's website at www.Infobird.com.

Infobird Co., Ltd Announces Filing of Annual Report on Form 20-F

BEIJING, May 14, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Infobird Co., Ltd (Nasdaq: IFBD) (“Infobird”), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, today announces that it has filed its annual report on Form 20-F for the fiscal year ended Dec. 31, 2020, with the U.S. Securities and Exchange Commission (the “SEC”). The annual report on Form 20-F, which contains Infobird's audited consolidated financial statements, can be accessed through the SEC's website at www.sec.gov or Infobird's website at www.Infobird.com.

Announces Filing of Annual Report on Form 20-F

NEW YORK, May 07, 2021 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Infobird Co. Ltd. (NASDAQ: IFBD) announces the availability of a broadcast titled, “China Is Next Frontier in SaaS Revolution.”

Infobird Co. Ltd. (NASDAQ: IFBD) Expanding Target Market, Rolling Out Standardized SaaS Modules

The stock price of Infobird Co Ltd (NASDAQ: IFBD) increased 16.71% (from $3.83 to $4.42) pre-market. This is why it happened.

IFBD Stock: 16.71% Increase (From $3.83 To $4.42) Pre-Market Explanation

BEIJING, May 03, 2021 (GLOBE NEWSWIRE) -- via InvestorWire –  Infobird Co., Ltd (“Infobird”), a software-as-a-service provider of innovative AI-powered, or artificial intelligence-enabled, customer engagement solutions in China, announces that it intends to file its annual report on Form 20-F for the fiscal year ended Dec. 31, 2020, with the U.S. Securities and Exchange Commission (“SEC”) on or before May 15, 2021, as set forth in the Form 12b-25 filed with the SEC on April 29, 2021.

Infobird Co., Ltd Announces Anticipated Filing of Annual Report on Form 20-F

LOS ANGELES--(BUSINESS WIRE)--WestPark Capital, a full-service investment bank and securities broker-dealer based in Los Angeles, today announced the closing of the initial public offering ("IPO") for its client Infobird Co., Ltd ("Infobird" or the "Company"). WestPark was the Book-Running Manager of the offering. 6,250,000 ordinary shares were sold for a total of $25,000,000 in gross proceeds before fees and expenses. Infobird's shares began trading on The Nasdaq Global Market ("Nasdaq") on Tu

WestPark Capital Announces Closing of $25 Million IPO for Infobird Co., Ltd. (NASDAQ: IFBD)

BEIJING, CHINA, April 22, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Infobird Co., Ltd (“Infobird”), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China, announces the closing of its underwritten initial public offering of 6,250,000 ordinary shares at a public offering price of $4.00 per share, before underwriting discounts and commissions, resulting in gross proceeds of $25,000,000, before underwriting discounts and commissions and offering expenses. The offering was conducted on a firm commitment basis. All of the ordinary shares were offered by Infobird.

Infobird Co., Ltd Announces Closing of Initial Public Offering

Infobird Co. Ltd. flew out of the gate Tuesday, as the China-based provider of artificial intelligence-powered customer engagement software's shares were trading more than double the initial public offering price.

Infobird's stock takes flight on its public debut, to trade more than double the IPO price

BEIJING, CHINA, April 19, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Infobird Co., Ltd (“Infobird”), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China, announces the pricing of its underwritten initial public offering of 6,250,000 ordinary shares at a public offering price of $4.00 per share, before underwriting discounts and commissions. The offering is being conducted on a firm commitment basis. All of the ordinary shares are being offered by Infobird. The total expected gross proceeds of the initial public offering are $25,000,000, before underwriting discounts and commissions and offering expenses.

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