The company's major suppliers include cloud service providers, audio-visual equipment manufacturers, and software vendors. Azure, a cloud hosting Platform as a Service (PaaS), accounted for approximately 17.9% of total purchases in 2024 and 12.6% in 2025, representing more than 10% of total purchases in both years. Other suppliers individually accounted for less than 10% of purchases. The company considers its supplier base to be low in concentration and highly competitive, enabling replacement of suppliers at reasonable costs if necessary. Additionally, the company engaged third-party service providers for accreditation in continuing education services, studio equipment, hosting hybrid events, and independent subcontractors for live in-person event production and recording for about 50 physical events in 2025.
Ten Holdings Inc's Comment on Supply Chain
The company's major suppliers include cloud service providers, audio-visual equipment manufacturers, and software vendors. Azure, a cloud hosting Platform as a Service (PaaS), accounted for approximately 17.9% of total purchases in 2024 and 12.6% in 2025, representing more than 10% of total purchases in both years. Other suppliers individually accounted for less than 10% of purchases. The company considers its supplier base to be low in concentration and highly competitive, enabling replacement of suppliers at reasonable costs if necessary. Additionally, the company engaged third-party service providers for accreditation in continuing education services, studio equipment, hosting hybrid events, and independent subcontractors for live in-person event production and recording for about 50 physical events in 2025.
Sources:
Ten Holdings Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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