Related News
PPDai and HK firm ink deal to cooperate
SHANGHAI-BASED PPDai, which issued an initial public offering in the US market last month, said yesterday it has signed a cooperation agreement with Hong Kong-based Sun Hung Kai on asset management and online finance.
Both sides will form a joint team to seek opportunities in consumer finance and innovative finance services, said Zhang Jun, PPDai’s chief executive.
The cooperation with Sun Hung Kai will help PPDai to diversify its business portfolio and hedge potential risks, according to industry insiders.
PPDai also released its first fiscal report since its IPO yesterday.
Its net profit soared 179.7 percent to 541 million yuan (US$81.9 million) year on year in the third quarter. Revenue jumped 245 percent annually to 1.25 billion yuan. The platform has 57.6 million users since it was created in 2007.
PPDai, which debuted on the New York stock market last month, raised about US$270 million from the IPO.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.