Understanding the Market | JST GROUP surged 20% in the afternoon, reaching a new high since its listing. The company is a provider of e-commerce SaaS solutions, with a significantly leading market share
JST GROUP's stock price soared 20% in the afternoon, reaching a new high of HKD 41.72, an increase of over 36% compared to the offering price of HKD 30.6. As of the time of writing, the stock price has risen by 3.29%, reported at HKD 35.2, with a transaction volume of HKD 277 million. JST GROUP is a leading e-commerce SaaS solution provider in China, with a market share of 24.4% in the e-commerce SaaS ERP sector in 2024, becoming the largest provider in the industry. Its core product "JST GROUP ERP" has been rated as the most popular e-commerce SaaS ERP brand
According to Zhitong Finance APP, JST GROUP (06687) surged 20% in the afternoon, reaching a new high of HKD 41.72, up over 36% from the IPO price of HKD 30.6. As of the time of writing, it rose 3.29% to HKD 35.2, with a transaction volume of HKD 277 million.
Public information shows that JST GROUP is a leading e-commerce SaaS solution provider in China, with its core business focused on the digital operation needs of e-commerce merchants. It centers around cloud-native SaaS products, providing one-stop business monitoring, operation, and management services for e-commerce merchants of various types and sizes, helping them achieve efficient cross-platform collaboration and data-driven decision-making.
According to data from ZhiShi Consulting, in 2024, based on related revenue, the company became the largest provider in the Chinese e-commerce SaaS ERP field with a market share of 24.4%, exceeding the combined share of the second to fifth largest participants. Its core product, "JST GROUP ERP," has been rated as the most popular e-commerce SaaS ERP brand among Chinese merchants, forming strong barriers in the core operational tools sector for merchants. In the Chinese e-commerce operation SaaS market, the company ranks first in terms of total SaaS revenue in 2024, with a market share of 8.7%, covering the full-chain operational needs of merchants, including ERP, CRM, and sales and marketing management, leading in the breadth of business coverage
