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 | | | IT Application in Retail Industry: A Bonanza of Investment Value | | China's color TV industry is generally considered a sunset industry, because the industry lacks the core technology, the poor bargaining power with the upstream and the downstream sectors. Color TV enterprises have staggered over the most recent ten years.
Chinese retail chains lack strategic IT planning and applications and fall behind foreign enterprises in the application of sales, management, financial, customer relations and data mining systems. Relevant survey shows that the IT investment of Chinese retail enterprises takes less than 0.2% of the total retail revenue, far below 2.0% at some international retail giants.[ detail] | |
| |  | |  | | | 41 Chinese Enterprises Go Public in Jan. 2010 | | The data of Zero2IPO Research Center shows that in the first month of 2010, 41 Chinese enterprises went public on foreign and domestic capital markets, raising a combined fund of US$7.11B, or an average of US$173.00M.
The statistics of Zero2IPO Database indicates that, nine domestically-listed enterprises provided 15 VC/PE investors an average rate of return on investment of 13.21 times, while the figure for four VC/PE institutions behind the two overseas-listed ones was recorded to be 5.04 times.[ detail] | |
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