Far East Organization

Fushi acquires Ascentis as part of its expansion into Southeast Asia

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Thursday, May 18, 2023
Online, Software as a service, Starbucks, F&B, POS, E-commerce, Sale, Far East Organization, Sunway Group, Acquisition, Shenzhen, QR, CRM, Artificial intelligence, Ecosystem, Sales, Online shopping, Ascentis, Singtel

HONG KONG, May 18, 2023 - (ACN Newswire) - Fushi Technology (Shenzhen) Co., Ltd ("Fushi") is delighted to announce its acquisition of Ascentis Pte Ltd ("Ascentis"), a leading Customer Relationship Management ("CRM") and eCommerce SaaS solutions provider in Southeast Asia.

Key Points: 
  • HONG KONG, May 18, 2023 - (ACN Newswire) - Fushi Technology (Shenzhen) Co., Ltd ("Fushi") is delighted to announce its acquisition of Ascentis Pte Ltd ("Ascentis"), a leading Customer Relationship Management ("CRM") and eCommerce SaaS solutions provider in Southeast Asia.
  • With this acquisition, Fushi is Ascentis' controlling shareholder, and it marks a significant milestone in Fushi's globalization strategy.
  • Founded in 2003, Ascentis is headquartered in Singapore, with six offices in Southeast Asia.
  • "Acquiring Ascentis will expedite Fushi's globalization strategy and expand its business into the growing Southeast Asia market," said Fushi.