Jiufu: more than 100 million registered users

Recently, Jiufu announced its late financial results for the whole year and the fourth quarter of 2019. According to the financial report, Jiufu achieved a total loan matching of 14.3 billion yuan in the fourth quarter of 2019, an increase of 62.4% compared with the 8.8 billion yuan in 2018. In this quarter, a total of 1 million users matched loans through the Jiufu platform, an increase of 80% compared with the same period in 2018. Thus, it is estimated that the loan amount per capita is about 14000 yuan. < / P > < p > Jiufu also disclosed in the prospectus that since 2018, Jiufu has continued to introduce institutional partners as lenders’ direct loans. According to the prospectus and financial report, since 2019, the proportion of institutional investors on the platform of Jiufu has continued to increase. From 6.6% at the end of 2018 to 10.5%, 58%, 78.6% and 79.8% respectively in Q1-Q4 of 2019. < / P > < p > in addition, Jiufu users and platform Gmv are also growing. By the end of 2019, the number of registered users of Jiufu exceeded 100 million for the first time, and the number of active borrowers in Q3 and Q4 exceeded 1 million in a single month for two consecutive quarters. Continue ReadingYueshang group has become the third social e-commerce service platform listed in China after being gathered in pinduoduo

Author: zmhuaxia