eFuture Holding Inc (EFUT)

eFuture Holding Inc. provides software and services to retail and consumer goods industries in China. It develops and sells enterprise resource planning software; and provides solutions for distribution, retail, and logistics businesses. The company offers software solutions, which include foundation solutions for retail management, point of sale, distribution management, logistics management, warehouse management, vendor payment and control, and loyalty card management; collaborative solutions for visual SCM and visual process management systems; and intelligent solutions for business intelligence, brand analysis, supplier relationship management, and customer relationship management systems. It also provides support services on existing software installations; delivery services; consulting services, including systems planning and design, customer-specific configuration of application modules, and on-site implementation or conversion from existing systems; post-implementation consulting services, such as utilization reviews and business process optimization; and outsourcing services comprising design, development, implementation, operation, and improvement of information technology and business functions. In addition, the company offers omni-channel cloud solutions, such as myStorem, an omni-shopping platform for consumers that connects consumers to offline stores, online stores, social stores, and mobile stores; systems integration services; and technical supporting services. It serves manufacturers, retailers, distributors, and third party logistics in front-end supply chain market. It has partnership with IBM and Oracle to co-develop software and to implement partners’ solutions. The company was formerly known as eFuture Information Technology Inc. and changed its name to eFuture Holding Inc. in January 2016. The company was founded in 1997 and is headquartered in Beijing, China. eFuture Holding Inc. is a subsidiary of Shiji (Hong Kong) Limited.