Value the Example Set by 91APP's Decision to List in Taiwan
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Collected in Robin Shen’s Field Notes · Content type and attribution are shown above
English translation of the Chinese post originally published 2021-04-29. Translated 2026-10-25 with AI assistance. Historical figures and claims have not been updated or independently verified. 中文原文
Reading guide
As Appier's Japanese listing drew praise, Robin urged readers not to overlook the significance of another case: 91APP chose to list in Taiwan. He called for appreciation of this opportunity to set an example. A homegrown SaaS company's listing in Taiwan can influence more than its own share price; it can support digital transformation, the startup environment, and investors' understanding of the software industry. Capital markets need success stories to build confidence, and confidence takes time and accumulated examples. This is a short commentary from April 2021. The IPO valuation and events described at the time have not been externally verified and do not constitute investment advice.
Key points
- Alongside Appier's Japanese listing, 91APP's decision to list in Taiwan deserves attention.
- A Taiwan listing can support digital transformation, the startup environment, and investor education.
- Capital markets need success stories to build confidence.
- Confidence takes time and accumulated examples; this is an April 2021 commentary.
Full text — English translation
These articles are personal notes, book excerpts, and collected reprints. Figures and events reflect the time of the original publication, are not current information, and do not constitute investment advice.
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