May 2026
📣 VC round data is live. Check it out!
Largest Productivity Software Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Baidu, Kingsoft Office Software, Wondershare, Weaver Network and Ireader.
 | Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 70% of core revenue from online marketing services from its search engine in 2024. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving. | $17 | +68% | $48B | $45B | 2.4x | 9.9x | ||
| Beijing Kingsoft Office Software Inc is engaged in the design, development, sales, and promotion of WPS Office office software products and services. The Company’s products are compatible with many operating systems, including Windows, Linux, macOS, Android, and iOS. | $38 | -8% | $17B | $17B | 19.5x | 56.1x | ||
| Wondershare Technology Group Co Ltd, formerly Wondershare Technology Co Ltd is a China-based company engages in the manufacture and sale of a software application. It offers multimedia, utility, office, mobile, and other software products, as well as featured products. The company's products can be applied to personal computers, tablet PCs, smartphones and other application terminals. | $10 | +19% | $2B | $2B | 8.6x | (404.2x) | ||
| Weaver Network Technology Co Ltd is a China based company engaged in developing collaborative management software. The product system provided by the company includes cloud office platform, mobile platform e-mobile, collaborative management application platform, and collaborative office standard edition, among others. It also offers information portal solution, cost control management solution, group management solution, target performance management solution. | $7 | -16% | $2B | $2B | 5.1x | 36.2x | ||
| IReader Technology Co Ltd operates as a mobile software development company. It develops, and markets mobile phone reading application known as iReader e-book reader, a software for mobile reading APP. The app is developed for both android and iPhone platform. Geographically the activities are carried out through China. | $4 | +46% | $2B | $2B | 3.2x | (123.2x) | ||
| Fujian Fuxin Software Development JSC Ltd Provides PDF electronic document software products and services. | $12 | +28% | $1B | $830M | 5.3x | 49.3x | ||
| Median | $11 | +23% | $2B | $2B | 5.2x | 23.0x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.