Nasdaq Welcomes Gridsum Holding Inc. (Nasdaq: GSUM) to The Nasdaq Stock Market
September 23 2016 - 5:35PM
Gridsum Holding Inc. (Nasdaq:GSUM), a leading provider of
sophisticated data analysis software based in Beijing, China,
visited the Nasdaq MarketSite in Times Square today in celebration
of its initial public offering (IPO) on The Nasdaq Stock Market.
This is the fourth China-based company to list on Nasdaq in 2016.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/08c7599a-4d22-4c4e-a021-95779600aa56
Gridsum’s proprietary distributed data architecture
allows its customers – mainly multinational and domestic
enterprises and government agencies in China – to efficiently
collect and analyze vast amounts of structured and unstructured
data. Gridsum’s solutions analyze data from approximately 61
million internet and mobile sessions per day from users operating
on over 233 million desktop and mobile devices.
"Gridsum is among one of the first data
intelligence companies in China that build solutions entirely on a
distributed data warehouse architecture using the open source
Hadoop framework,” said Guosheng Qi, Co-Founder, Chairman and CEO
at Gridsum. "Since our founding in 2005, we have devoted
significant resources in R&D to provide our customers
comprehensive business intelligence solutions. Today’s listing on
Nasdaq validates our leading position in advanced analytics, and
further carries our success in data processing
internationally.”
“The ability to efficiently capture, analyze and
take actions on data is key to organizations of all types to stay
competitive,” said Bob McCooey, Senior Vice President, Listing
Services, Nasdaq. “We congratulate Gridsum on another milestone of
the company and look forward to supporting their commitment in
developing breakthrough technology in the era of big data.”
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- NDAQG -
Media Relations Contacts:
Stephanie Lowenthal
(646) 441-5073
Stephanie.Lowenthal@nasdaq.com
Emily Pan
(646) 441-5120
emily.pan@nasdaq.com
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