Fushi Technology Expands AI Agent Applications in Southeast Asia, Targets Food & Beverage Sector

December 22, 2024
Fushi Technology Expands AI Agent Applications in Southeast Asia, Targets Food & Beverage Sector
  • The company emphasizes the importance of localization in its SaaS product development, tailoring offerings to meet regional market demands and enhance customer retention.

  • The success of AI-driven technologies is exemplified by Applovin's launch of its AXON2.0 marketing engine, which resulted in a substantial revenue increase.

  • Market analysts predict that vertical AI Agents could create a market ten times larger than the current SaaS market, potentially leading to technology giants valued over $300 billion.

  • Deloitte highlights the transformative impact of AI Agents across industries, showcasing significant revenue and profit increases for companies like Applovin that have adopted AI-driven solutions.

  • Fushi's AI Agent currently focuses on the food and beverage sector, enabling customers to use natural language for inquiries, orders, and payments, thereby enhancing their experience.

  • As a subsidiary of Yeahka Limited, a Hong Kong-listed company, Fushi has expanded its client base to over 200 global and regional brands, including Starbucks and Pizza Hut, across Southeast Asia.

  • AI Agents utilize large language models to autonomously understand and execute complex tasks, significantly expanding the application scope of generative AI.

  • Fushi Technology is strategically positioned to leverage its experience and proprietary AI Agents to seize emerging international market opportunities as China expands globally.

  • Fushi plans to collaborate with Ascentis, a recently acquired CRM company, to develop a marketing AI agent that automates campaign planning and customer relationship management.

  • On December 20, 2024, Fushi announced the launch of its AI Agent industry vertical applications in Southeast Asia, aimed at improving business efficiency and operations.

  • Fushi's growth is bolstered by its partnership with Yeahka, which provides access to validated payment technologies and AI expertise from China.

  • By adapting its SaaS products to various industries, Fushi enhances service efficiency and customer retention, reflecting its commitment to meeting diverse market needs.

Summary based on 3 sources


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