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TI Cloud Inc. Reports Strong 2024 Financial Results Amid AI-Driven Growth

Story Highlights
  • TI Cloud Inc. saw a 13.3% revenue increase in 2024, driven by AI-related products.
  • The launch of Weiteng AI platforms enhanced SaaS offerings and customer service efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TI Cloud Inc. Reports Strong 2024 Financial Results Amid AI-Driven Growth

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TI Cloud Inc. ( (HK:2167) ) has issued an update.

TI Cloud Inc. announced its audited consolidated results for the year ended December 31, 2024, reporting a 13.3% increase in revenue to RMB506.4 million and a 22.2% rise in gross profit to RMB262.4 million. Despite macroeconomic challenges affecting client acquisition, the company’s ‘AI-First, Operations as the Core’ strategy has driven growth, particularly through the expansion of AI-related products. The launch of the Weiteng Large Language Model Platform and Weiteng AI Agent Platform has significantly enhanced the competitiveness of its SaaS offerings, enabling diverse and flexible solutions for clients. The integration of multiple large models, including ChatGPT for overseas markets, has improved customer service efficiency and satisfaction, positioning TI Cloud as a leader in the commercialization of AI within the industry.

More about TI Cloud Inc.

TI Cloud Inc. operates in the customer contact solutions industry, focusing on AI-driven cloud platforms. The company specializes in SaaS solutions and integrates AI, Cloud, and Communication technologies to enhance customer engagement and product innovation.

YTD Price Performance: 8.00%

Average Trading Volume: 31,705

Technical Sentiment Signal: Hold

For a thorough assessment of 2167 stock, go to TipRanks’ Stock Analysis page.

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