An office software and solutions provider Kingsoft Office, on Wednesday said by the end of this year it aims to expand userbase in India to 40 million as it strengthens research and development capacity in the country. The Kingsoft Office of China offers WPS Office range of solutions and already has over 23 million monthly active users in India, of about 80 million users in in international markets. India is its biggest market outside of China. For pre-installations a large part of the userbase was acquired on mobile phones from companies like Xiaomi, Oppo and vivo. The Kingsoft Office is looking to increase downloads by PC users targeting users from universities, young professionals, freelancers, start-ups and small businesses. There are about 310 million monthly active users of Kingsoft Office globally including individuals, enterprises, and government agencies. Its previous solutions - free and premium were built for popular operating systems like Windows, Android and iOS, but its latest version - WPS Office 2020 - will also work on macOS. Kingsoft Office solutions compete with from Microsoft (Office 365) and other free solutions in the market. The new tool which is needed should be powerful, yet easy, light, customisable and seamless, and that tool is WPS Office 2020, which represents a new beginning and opportunity to break free from traditional methods. The aim is to end an era of piracy with a highly efficient and affordable suite that caters to multiple user segments. The chairman Lei Jun of Kingsoft Office has filed for an IPO of its office software unit on Shanghai stock exchange to raise 2.05 billion yuan (about USD 300 million).
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