Baiwang was founded on May 4th, 2015 and is the largest e-invoicing SAAS cloud in China, which provides billing, financial, tax service to millions of businesses. It is the pioneer of the revolution of "Internet + Tax" and leads the invoice digitalization in China. As the major player, it achieves significant market shares across multiple areas, such as finance, insurance, real estate, construction, transportation, energy, hotel, retail, e-commerce, and etc. For example, Baiwang’s customers include Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China, Bank of China, PingAn Group, and People's Insurance Company of China (PICC), and other companies, which account 70% of the finance and insurance industries. Alibaba, China Union Pay, Wanda, Tradeshift, and Big Four Accounting Firms are also Baiwang’s strategy partners. Baiwang was named as one of the top 100 unicorn companies in China for the last 3 years.