Details

Last Funding Type

Series A

Last Funding Money Raised

$15M

Industries

Developer Platform,E-Commerce,Information Technology,Software

Founded date

Mar 1, 2006

Number Of Employee

1 - 10

Operating Status

Active

Palm Commerce Information Technology is a Chinese developer of lottery-related software and technical solutions. The company’s products are currently applied to computer and mobile terminals of the national welfare lottery system.

Palm Commerce Information Technology’s software, systems, terminals and mobile solutions are used in 13 provinces, municipalities, and autonomous regions in China. The products of Palm Commerce take up over 40% of the nationwide computer welfare lottery market share and over 50% of the mobile phone lottery market share, thereby ranking itself the first throughout the country in terms of its market share and number of users.

Palm Commerce Information Technology was incorporated in the Tianjin Development Area in March 2006, with its registered capital being 12 million USD.