Tencent announced today that it had invested in Do 1, a SaaS Company. In the future, the two will work more closely to develop general products and explore working solutions for vertical industries. Do 1 noticed that the investment will be used on R&D of data formula and low code platform and expansion of delivery team. Tencent launched its SaaS ecosystem “Qianfan Plan” in October this year. Do 1 was among the first companies launched in Tencent’s SaaS accelerator and it was selected into the Qianfan Plan.
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