Qudian: A $1.4 billion cash cow
The company officially left the fintech realm in the first quarter by posting no revenue from its original online financing business for the first time Key Takeaways: Qudian’s revenue plunged…
Qudian Finds New Business Model in Buying Back Shares
Online lender announces plan to buy back up to $200 million worth of its shares, sending its stock up by as much as 60% Key Takeaways: Qudian has announced a…
Qudian Sees Food for Growth in Prepared Meals, Weighs Exit of Core Lending Business
The former fintech pioneer’s stock fell more than 10% after it announced a potential wind down of its original credit business as well as a new foray into ready-made meal…
Qudian Headed for Wall Street Exit Door? Not So Fast, Perhaps
Former fintech highflyer’s average share price falls below $1 for 30 days, even as analyst sentiment shows sudden positive shift Key takeaways: Qudian’s stock has closed at an average price…
FinVolution Solidifies New Growth Path After Weathering Fintech Clampdown
Company’s latest quarterly results show it’s bouncing back strongly from regulatory overhaul for former P2P lenders Key takeaways: • FinVolution’s user base increased sharply in the third quarter, leading to…