2025-01-14

91APP Achieves Record-High Revenue for 2024 as D2C Momentum Fuels 21.68% YoY Growth in December

91APP (Stock code: 6741), the first native SaaS company listed in Taiwan, has announced its consolidated revenue for December 2024. Monthly revenue reached NT$158 million, representing a robust year-over-year growth of 21.68%, the strongest monthly growth rate in 2024. This strong performance capped off a historic year, with cumulative revenue from January to December reaching NT$1,619 billion, a 16.56% year-over-year increase, marking another all-time high and solidifying 91APP's upward growth trajectory.


The ongoing expansion of D2C (Direct-to-Consumer) brick-and-mortar e-Commerce remains a significant driver of 91APP's growth. 91APP's Commerce Solution and Marketing Solution created significant synergies for its clients, contributing to 91APP's continued operational excellence. December's growth momentum remained robust, culminating in another record-breaking annual performance for consolidated revenue in 2024. By deepening its focus on D2C business development, 91APP has consistently supported its clients'success. This focus has allowed the company to achieve a growth rate and acceleration exceeding those of the overall retail and e-Commerce industries, further underscoring its competitive edge and operational strength. According to the Ministry of Economic Affairs, e-Commerce has become the largest channel in Taiwan's retail sector. Notably, the primary growth driver within this sector is driven by D2C brick-and-mortar e-Commerce, which accounts for over 30% of Taiwan's total e-Commerce market and continues to grow steadily.


Looking ahead to 2025, 91APP aims to leverage its Commerce Solution and Marketing Solution to help medium-and large-scale retail brands and channel clients swiftly enter the D2C e-Commerce market. 91APP's operational focus will center on four key areas:
1. Expanding AI-Driven Retail Capabilities: 91APP will continue to develop and enhance D2C-related product and service offerings by integrating retail AI.
2. Scaling Digital Advertising and RMN 3.0: The company plans to amplify investments in the digital advertising market and RMN 3.0, collaborating with key partners to maximize impact.
3. Building an AI-empowered Workforce: AI has become a standard tool for 91APP's professionals. The company is actively recruiting and nurturing talent, with the goal of leveraging AI-driven collaboration to improve productivity and efficiency.
4. Fostering Sustainability: In addition to strengthening corporate governance, advancing sustainability goals, and publishing a sustainability report, 91APP will further engage employees through social responsibility initiatives led by the 91APP Foundation.