Benzinga | Nov 30, 2021 04:39PM EST

Boqii Partners With Pet Hospital SAAS Solution Provider Evetsoft

* Boqii Holding Ltd (NYSE:BQ) announced a strategic partnership with Evetsoft Pet Hospital Management Software, a pet hospital SAAS solutions provider. The financial details of the deal were not disclosed.

* The parties will launch an online procurement platform tailored for streamlining the procurement process of pet hospitals and clinics.

* The partnership will empower independent pet hospitals and small pet hospital chains nationwide by providing stable and traceable supplies with better prices.

* "Pet parents in China are demanding better medical care, as they shift from the pure dietary focus to all-round care for their pets," said Lisa Tang, Co-Founder, and Co-CEO of Boqii.

* Price Action: BQ shares are trading lower by 3.92% at $1.47 in premarket on the last check Tuesday.