CLPS Incorporation Announces Latest Business Expansion and Presence in Asia Pacific Region
CLPS Incorporation (CLPS)
Company Research
Source: PR Newswire
HONG KONG, April 15, 2021 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today provided an update on the latest implementation of its global expansion strategy. Its expansion pipeline includes the establishment of a subsidiary in the Philippines, boosting the business in Southeast Asia, and pursuing overseas merger and acquisition.For the six months ended December 31, 2020, CLPS reported that its revenue generated outside of Mainland China increased by 53.9% to $6.6 million compared to the prior year period. This only shows the Company's aggressive efforts in advancing its business presence in the overseas market with focus on Asia Pacific, particularly in the Southeast Asia region. The fintech industry in Southeast Asia, such as in Singapore, has been rapidly growing. Most banks are heavily invested in digital transformation, including the migration of traditional services to mobile platform. Mr. Srustijeet Mishra, head of CLPS Southeast Asia Region ("CL
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- CLPS Incorporation Reports Financial Results for the First Half of Fiscal Year 2024PR Newswire
CLPS
Sec Filings
- 4/8/24 - Form 20-F/A
- 3/5/24 - Form 6-K
- CLPS's page on the SEC website