Hangzhou, 31st March: Alisoft, a subsidiary of the Alibaba Group, has announced that the company will offer “Shopkeeper”, back office financial management software, to small and medium-sized enterprises (SMEs) in China. The company has also committed to offer users free upgrades, customer support and training for a minimum of three years.

The software package was launched on 31st March and initially includes an accounting and finance module. Alisoft plans to offer inventory and customer relations management (CRM) modules in May this year.  The company plans to invest RMB 1 billion (US$145 million) to promote the Alisoft products in China over the next three years.   Source: Pacific Epoch article

BIIA Newsletter April 2009 Issue