BRIEF: Qudian turns profitable as last-mile delivery business continues to grow
Qudian Inc. (QD.US) reported on Friday its third-quarter revenue rose 85.8% year-on-year to 55 million yuan ($7.8 million), as it expanded its last-mile delivery services in Australia and New Zealand.…
BRIEF: Qudian revenue jumps as last-mile delivery business gains momentum
Qudian Inc. (QD.US) reported on Friday its revenue rose five times to 53.3 million yuan ($7.5 million) in this year’s second quarter from 11.1 million yuan a year earlier, as…
Qudian’s latest identity delivers big costs, scant rewards
The former online lender is trying its hand at last-mile delivery services in Australia and New Zealand, but a heavy cost structure raises questions about the business model’s viability Key…
CHINA BULLETIN: More Trade Contraction
In this week’s issue exports keep falling, another new chip fund and China’s answer to Irish coffee. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
Qudian unveils last-mile delivery transformation plan
The former Chinese online consumer lender revealed it began trialing a new last-mile delivery service in Australia and New Zealand at the end of last year Key Takeaways: Qudian announced…
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…