M&A Deal Summary

Infobird Acquires Qishuo

On December 27, 2021, Infobird acquired information technology company Qishuo

Acquisition Highlights
  • This is Infobird’s 1st transaction in the Information Technology sector.
  • This is Infobird’s 1st transaction in China.

M&A Deal Summary

Date 2021-12-27
Target Qishuo
Sector Information Technology
Buyer(s) Infobird
Deal Type Add-on Acquisition

Target

Qishuo

Shanghai, China
Qishuo is a provider of consumer product and retail store digitalization solutions in the retail footwear industry and leading clothing brands. Qishuo is based in Shanghai, China.

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Buyer(S) 1

Buyer

Infobird

Beijing, China

Category Company
Founded 2001
Sector Software
Employees55
Revenue 1M USD (2022)
DESCRIPTION

Infobird is a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. It offers standard and customized customer relationship management cloud-based services, such as SaaS, and business process outsourcing services to its clients. Infobird was founded in 2001 and is based in Beijing, China.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2021 M&A 1 of 1