About Neusoft
Neusoft is a company based in Shenyang (China) founded in 1991 by Liu Jiren.. The company has 18,020 employees as of December 31, 2024. Neusoft has completed 2 acquisitions, including SESCA Enterprises and Viewhigh. Neusoft operates in a competitive market with competitors including Sigma Systems, Synchronoss, TEOCO, Mobileum and AsiaInfo, among others.
- Headquarter Shenyang, China
- Employees 18020 as on 31 Dec, 2024
- Founders Liu Jiren
- Stage Public
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Neusoft Corporation Class A
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Annual Revenue
$1.57 B (USD)9.6as on Dec 31, 2024
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Net Profit
$8.64 M (USD)-14.7as on Dec 31, 2024
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EBITDA
$97.96 M (USD)22.08as on Dec 31, 2024
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Latest Funding Round
$31.25 M (USD), Post-IPO
Apr 24, 2019
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Investors
Legend Capital
& 2 more
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Employee Count
18020
as on Dec 31, 2024
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Investments & Acquisitions
SESCA Enterprises
& 1 more
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IPO & Listings of Neusoft
Neusoft is a publicly listed company on the SSE with ticker symbol 600718 in China, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Neusoft
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $31.2M
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First Round
First Round
(26 Sep 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Post-IPO - Neusoft | Valuation | Legend Capital |
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| Mar, 2019 | Amount | Post-IPO - Neusoft | Valuation |
investors |
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| Dec, 2014 | Amount | Post-IPO - Neusoft | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Neusoft
Neusoft has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Legend Capital, Baidu Ventures and Intel Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture Capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Neusoft
Neusoft has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include SESCA Enterprises and Viewhigh. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Healthcare software products and services for China's industry are provided.
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2002 | ||||
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Port services and infrastructure are provided for maritime traffic support.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Neusoft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neusoft Comparisons
Competitors of Neusoft
Neusoft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sigma Systems, Synchronoss, TEOCO, Mobileum and AsiaInfo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Product, order management, and network provisioning solutions are provided.
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| domain | founded_year | HQ Location |
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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| domain | founded_year | HQ Location |
Network planning, assurance, analytics, and optimization solutions are provided.
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| domain | founded_year | HQ Location |
Real-time and predictive analytics are delivered to telecom providers.
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| domain | founded_year | HQ Location |
OSS/BSS and IT services are provided to the telecommunications sector.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Neusoft
Frequently Asked Questions about Neusoft
When was Neusoft founded?
Neusoft was founded in 1991 and raised its 1st funding round 15 years after it was founded.
Where is Neusoft located?
Neusoft is headquartered in Shenyang, China. It is registered at Shenyang, Liaoning, China.
Who is the current CEO of Neusoft?
Liu Jiren is the current CEO of Neusoft. They have also founded this company.
How many employees does Neusoft have?
As of Dec 31, 2024, the latest employee count at Neusoft is 18,020.
What is the annual revenue of Neusoft?
Annual revenue of Neusoft is $1.57B as on Dec 31, 2024.
What does Neusoft do?
IT solutions and service provider. It provides IT solutions and services to a wide range of industries including Telecom, Energy, Manufacturing, Trade Logistics, Healthcare, Education, and Transportation. It develops BSS, MSS, and OSS for the telecom industry. It provides business support that includes mobile device management, partner relationship management, an integrated value-added service management platform, and an online charging system for 3G and LTE-based technologies. It also provides solutions that focus on mobile data services, Short Message Internet Access Solution, Message Communication Payment Platform, Location-Based Mobile Platform, Multi-Province Industry Application Gateway, Mobile E-business Platform, and Data Center for Short-Message Service.
Who are the top competitors of Neusoft?
Is Neusoft publicly traded?
Yes, Neusoft is publicly traded on SSE under the ticker symbol 600718.
How many acquisitions has Neusoft made?
Neusoft has made 2 acquisitions, including SESCA Enterprises, and Viewhigh.
Who are Neusoft's investors?
Neusoft has 3 investors. Key investors include Legend Capital, Baidu Ventures, and Intel Capital.
What is Neusoft's ticker symbol?
The ticker symbol of Neusoft is 600718 on SSE.
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