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Yi Yue Digital Technology Group Files for Proposed IPO

Published 08/21/2024, 01:56 PM
© Reuters.  Yi Yue Digital Technology Group (YYDT) Files for Proposed IPO

Yi Yue Digital Technology Group (YYDT) has filed for a proposed IPO.

The company describes itself as: "Shenzhen Yi Yue Digital Technology Co., Ltd is a Software as a Service (SaaS) digital technology provider focusing on the specific field of beauty industry. The Company is founded in September 2021, headquartered in the city of Shenzhen, and it has 8 branches in mainland China with the number of employees is more than 200. We are located in RM 2405, Sanhang Technoloy Building, Northwestern (NASDAQ:NWE) Polytechnical University, 45 High-Tech South Road, Nanshan District, Shenzhen, China. The Company is committed to supporting beauty industry and health institutions to build scientific and efficient management through SaaS plus supply chain service. The Company helps SaaS users maintain sustainable profitable operation, by relying on AI and big data technology. The service provided by the Company can help connect suppliers and customers work together, forming a closed loop of Online to Offline (O2O) e-commerce transactions and services. The Company is building up a new ecology of beauty industry and committing to become a SaaS leader of Chinese beauty industry."

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