BEIJING, June 26, 2018 /PRNewswire/ -- Gridsum Holding
Inc. ("Gridsum" or the "Company") (NASDAQ: GSUM), a leading
provider of cloud-based big-data analytics and artificial
intelligence ("AI") solutions in China, today announced it has
signed Lianjia, an online platform for real estate transactions
headquartered in Beijing, as a new
client. Lianjai will adopt Gridsum's Marketing Automation suite for
its open-listing platforms, Lianjia.com and Ke.com.
Lianjia recently launched Ke.com, a mobile application for
property listings that includes virtual reality property tours.
Lianjia will leverage Gridsum's Marketing Automation suite to
increase the platform's visibility by optimizing advertisement
placements on Baidu's news feed, and to enhance the conversion rate
of its listing platform.
Mr. Guosheng Qi, Chief Executive Officer of Gridsum, commented,
"With the rapid growth in mobile marketing, more companies have
begun to focus on news feed advertising and consider it to be one
of the key focal areas of content marketing. Combining our
AI-driven Marketing Automation suite features which include our
intelligent, multi-platform bid-optimization solution and our
extensive expertise in news feed marketing, we are able to help
Lianjia increase the number of application downloads and the
conversion rate. Currently, Gridsum's news feed advertising
optimization solution has covered a wide range of popular media,
including Baidu's news feed, Jinri Toutiao, Tencent's Wide
Click-through, WeChat Moments, and Tik
Tok. We are dedicated to helping more companies like Lianjia
improve news feed marketing strategies and make data-driven
decisions to maximize their returns."
About Gridsum
Gridsum Holding Inc. (NASDAQ: GSUM) is a leading provider
of cloud-based big-data analytics and AI solutions for
multinational and domestic enterprises and government agencies
in China. Gridsum's core technology, the Gridsum Big
Data Platform, is built on a distributed computing framework and
performs real-time multi-dimensional correlation analysis of both
structured and unstructured data. This enables Gridsum's
customers to identify complex relationships within their data and
gain new insights that help them make better business decisions.
The Company is named "Gridsum" to symbolize the combination of
distributed computing (Grid) and analytics (sum). As a digital
intelligence pioneer, the Company's mission is to help enterprises
and government organizations in China use data in new and
powerful ways to make better informed decisions and be more
productive.
Safe Harbor Statement
This announcement contains forward-looking statements. These
forward-looking statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These statements can be identified by terminology such as
"may," "will," "expects," and similar statements. Among other
things, quotations from management in this announcement as well as
Gridsum's strategic and operational plans contain forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. Many factors could cause actual results to differ
materially from those contained in any forward-looking statement,
including but not limited to the following: unexpected difficulties
in Gridsum's pursuit of its goals and strategies; the unexpected
developments, including slow growth, in the digital intelligence
market; unexpected difficulties and potential delays in filing
annual or other reports with the SEC; PRC governmental policies
relating to media, software, big data, the internet, internet
content providers and online advertising; and general economic and
business conditions in the regions where Gridsum provides solutions
and services. All information provided in this press release is as
of the date of this press release, and Gridsum undertakes no duty
to update such information except as required under applicable
law.
For more information, please
visit http://www.gridsum.com/.
Investor Relations
Gridsum
ir@gridsum.com
Christensen
In China
Mr. Christian Arnell
Phone: +86-10-5900-1548
Email: carnell@christensenir.com
In U.S.
Mr. Tip Fleming
Phone: +1 917 412 3333
Email: tfleming@christensenir.com
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SOURCE Gridsum Holding Inc.