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Foxit Software
Fujian Foxit Software Development Joint Stock Co., Ltd. (Chinese: 福建福昕软件开发股份有限公司), also known as Foxit Software (Chinese: 福昕软件), is a software developer based in Fuzhou, China, with subsidiaries in the United States, Europe, Japan, and Australia, that develops Portable Document Format (PDF) software and tools used to create, edit, eSign, and secure files and digital documents. It also has other offices in Fuzhou, Beijing, Berlin, South Yarra (Melbourne), Japan, Taiwan, Korea, France, North Macedonia, and Slovakia.
As of 2016, there were about 425 million Foxit users of Foxit's software, with sales to more than 100,000 customers in 200 countries.
Foxit Software was named "#2 Best PDF Editor Software of 2022" by ComHQ.
Foxit Software was founded in 2001 by Eugene Y. Xiong (Chinese: 熊雨前), a Chinese national with permanent residence in the United States, to develop similar PDF software products to those from Adobe Systems and other PDF vendors, and offer them at lower prices. In 2009, Foxit Software Company incorporated as Foxit Corporation.
In December 2015, Foxit went public on the Chinese over-the-counter market NEEQ. Before 2019, Amazon was an early investor and substantial shareholder of Foxit, once owning 12.38% of the latter's shares, before divesting in 2019 to make Foxit eligible for a simplified IPO process for domestic companies in China.
In June 2020, Foxit Software received permission to list in the Shanghai Stock Exchange STAR Market (the Sci-Tech Innovation Board). According to Foxit's pre-IPO disclosures, it seeks to raise RMB 409 million (approximately USD 49 million).
As a technology company, Foxit is eligible to receive a reduced tax rate of 15% in China. It also received RMB 13 million of Chinese government subsidies in 2019. As of 2019, most of Foxit's software development has been taking place within China, while over 90% of its revenue was earned outside of China, in markets such as the United States, Europe, Japan and Australia. The vast majority of its net profit is sourced from the United States. It listed Adobe Inc. as its biggest competitor.
Foxit has grown organically and through several acquisitions.
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Foxit Software AI simulator
(@Foxit Software_simulator)
Foxit Software
Fujian Foxit Software Development Joint Stock Co., Ltd. (Chinese: 福建福昕软件开发股份有限公司), also known as Foxit Software (Chinese: 福昕软件), is a software developer based in Fuzhou, China, with subsidiaries in the United States, Europe, Japan, and Australia, that develops Portable Document Format (PDF) software and tools used to create, edit, eSign, and secure files and digital documents. It also has other offices in Fuzhou, Beijing, Berlin, South Yarra (Melbourne), Japan, Taiwan, Korea, France, North Macedonia, and Slovakia.
As of 2016, there were about 425 million Foxit users of Foxit's software, with sales to more than 100,000 customers in 200 countries.
Foxit Software was named "#2 Best PDF Editor Software of 2022" by ComHQ.
Foxit Software was founded in 2001 by Eugene Y. Xiong (Chinese: 熊雨前), a Chinese national with permanent residence in the United States, to develop similar PDF software products to those from Adobe Systems and other PDF vendors, and offer them at lower prices. In 2009, Foxit Software Company incorporated as Foxit Corporation.
In December 2015, Foxit went public on the Chinese over-the-counter market NEEQ. Before 2019, Amazon was an early investor and substantial shareholder of Foxit, once owning 12.38% of the latter's shares, before divesting in 2019 to make Foxit eligible for a simplified IPO process for domestic companies in China.
In June 2020, Foxit Software received permission to list in the Shanghai Stock Exchange STAR Market (the Sci-Tech Innovation Board). According to Foxit's pre-IPO disclosures, it seeks to raise RMB 409 million (approximately USD 49 million).
As a technology company, Foxit is eligible to receive a reduced tax rate of 15% in China. It also received RMB 13 million of Chinese government subsidies in 2019. As of 2019, most of Foxit's software development has been taking place within China, while over 90% of its revenue was earned outside of China, in markets such as the United States, Europe, Japan and Australia. The vast majority of its net profit is sourced from the United States. It listed Adobe Inc. as its biggest competitor.
Foxit has grown organically and through several acquisitions.