China’s paying accounts rose 30.9% quarter on quarter to 77,000 in the management-type software-as-a-service (SaaS) market in the third quarter of 2009, according to a data report released lately by Analysys International.
Of the total paying accounts, 21,800 or 28.2% were from www.Youshang.com, an e-commerce platform under Kingdee International Software Group Co., Ltd. (SEHK: 0268). Youshang.com ranked first in the SaaS market in the quarter. (more…)
STEPHEN PAGLIUCA’S run for the Senate seat left vacant by the death of Senator Edward M. Kennedy has stirred up memories of the bitter 1994 challenge for the seat by Mitt Romney. When polls showed Romney edging ahead on the basis of his business experience, Kennedy’s media consultant, Tad Devine, went to film angry workers at Ampad, one of the companies that had been fleeced bare by Bain Capital, a private equity firm that Romney owned. Was Kennedy just playing rough and tumble politics as Pagliuca has alleged, or did he have a valid point to make about Romney’s type of business experience? And does that point apply to Pagliuca as well? (more…)