91APP (Stock code: 6741), the first native SaaS company listed in Taiwan, announced its unaudited consolidated revenue for August 2024. The unaudited consolidated revenue for August 2024 amounted to NT$125 million, an increase of 16.23% year over year, marking a new historical high for the same period and a year-on-year increase of 16.23%. The total revenue from January through August reached NT$1.0 billion, reflecting a growth of 16.83% compared to the same period last year. The dual growth engines of 91APP's e-Commerce and digital marketing solutions have effectively helped brick-and-mortar retail clients enhance their in-store and e-Commerce performance, achieving D2C(Direct-to-Consumer) and OMO(Offline-Merge-Online / Online-Merge-Offline / Offline and Online Merge Together) operational benefits and driving 91APP's continued steady revenue growth.
91APP noted that Taiwan's e-Commerce market continues to grow, with the growth rate of brick-and-mortar e-Commerce outperforming general e-Commerce. The company has helped many medium- and large-sized brick-and-mortar retail brands and channel clients quickly enter the D2C space, demonstrating operational success while actively expanding D2C-related solutions to address client pain points and inject new growth momentum into the company. Looking ahead to the fourth quarter, 91APP is not only fully prepared for the upcoming Double 11 shopping festival but also plans to focus on two key advancements: "RMN3.0" and "Retail AI."
The Marketing Solution plans to launch "RMN3.0," leveraging 91APP's proprietary retail AI, "jooii," to break through existing RMN frameworks and deliver a new generation of precise retail media advertising benefits, significantly enhancing return on investment. Meanwhile, 91APP continues to deepen its development of "Retail AI." Since 2017, 91APP has been investing in the development of AI applications related to retail, such as membership management, purchase intent, and segmentation communication models and analysis, which have already been adopted by many clients. With the recent rise of generative AI, 91APP has rapidly launched its proprietary retail AI "jooii" to meet market demand, offering features like "one-click copywriting" and "one-click insights" to help e-Commerce operations reduce manpower and speed up content generation. "jooii" is now a product line in itself, and 91APP will continue to develop new retail AI products to solve retail industry challenges, enabling companies to harness the power of retail AI, not just for digital transformation but also for AI transformation.
In addition, 91APP actively integrates sustainability into its company development, adhering to corporate governance and sustainability goals. The company maintained a ranking in the top 6-20% among listed companies of the 10th term (2023) Corporate Governance Evaluation Results. In the same year, it introduced the "ISO 14064" standard for the first time to conduct greenhouse gas emission inventories, identify carbon emission sources, and quantify statistics to set future carbon reduction targets, demonstrating 91APP's commitment to sustainable operations. The company's second self-compiled "2023 Sustainability Report" was recently published on its website, following the Global Reporting Initiative (GRI) reporting principles and the Sustainability Accounting Standards Board (SASB) industry indicators, aligning with domestic and international trends and standards. The content has also been independently verified by a third party. 91APP will continue to deepen its concrete practices in environmental, social, and governance (ESG) areas, striving to create maximum value for stakeholders while enhancing its core business and partnering with brand clients to achieve the next peak in growth.