Gridsum Holding Inc. (NASDAQ: GSUM), a provider of cloud-based big-data analytics and artificial intelligence (“AI”) solutions in China, has announced that it has signed lululemon athletica inc. (NASDAQ: LULU) (“lululemon”) as a new client, the company said.
lululemon is scaling its business in China. It entered the China market in 2016 by opening a number of offline stores and an online store on Tmall. As part of its global expansion, lululemon is looking to further expand its online presence and acquire new customers in China with the launch of approximately 30 additional stores in Shanghai in 2018.
Gridsum Holding Inc. (NASDAQ: GSUM), is a provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China. Gridsum´s core technology, the Gridsum Big Data Platform, is built on a distributed computing framework and performs real-time multi-dimensional correlation analysis of both structured and unstructured data. This enables Gridsum´s customers to identify complex relationships within their data and gain new insights that help them make better business decisions.
lululemon athletica is a healthy lifestyle inspired athletic apparel company for yoga, running, training, and most other sweaty pursuits, with products that create transformational experiences for people to live happy, healthy, fun lives. Setting the bar in technical fabrics and functional designs, lululemon works with yogis and athletes in local communities for continuous research and product feedback. For more information, visit www.lululemon.com.