
Understanding the Market | E-commerce SaaS ERP leader JST GROUP fell over 5% on the second day after its listing, after a nearly 24% surge yesterday

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JST GROUP fell over 5% on the second day of its listing, after a nearly 24% surge yesterday. As of the time of writing, it has dropped 5.33%, trading at HKD 35.88, with a transaction volume of HKD 214 million. JST GROUP is the largest e-commerce SaaS ERP provider in China, with a market share of 24.4% in 2024. The market size of the mainland e-commerce SaaS ERP market in 2024 is RMB 3.1 billion, with JST GROUP also ranking first in this market, holding a market share of 8.7%
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