Last paragraph of the link in Google translate, it states Appen's revenue from China expect to be RMB 2Billion (approx. A$440m+), which means each year growth will be 40%+, is this overstatement or understatement??
In the positive cycle of the super cycle, data has truly become the "fuel" of economic growth, and a multi-year blue ocean of AI data services is taking shape. Dr. Tian Xiaopeng said with a smile, "By 2030, Appen China has set a very ambitious revenue target of more than RMB 2 billion. More importantly, Appen China will spare no effort to achieve the success of our Chinese AI customers and enable China's AI products and services to lead the world through continuous innovation." We look forward to technology innovation data service providers like Appen embarking on a new era of "great voyage"
Nvidia CEO Jensen Huang recently said that "China is not behind, China is right behind USA in AI. We are very close. Remember this is a long term, infinite race "
APX Price at posting:
$1.46 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)