Yeahka targets Japan in push for international payments business
The Chinese payment services firm has been authorized to handle credit card and QR transactions in Japan, but can it crack the notoriously tricky market? Key Takeaways: The company has…
Yeahka secures bridgehead in U.S. payments market
The Chinese fintech has cleared one of many regulatory hurdles to enter the U.S. digital payments business after gaining a state-level operating license Key Takeaways: After getting U.S. federal clearance,…
BRIEF: Yeahka raises $25 million for Asia expansion
Third-party payment services provider Yeahka Ltd. (9923.HK) announced on Tuesday that it will place 19.15 million shares at a price of HK$10.10 each, representing a 9% discount to Monday's closing…
Yeahka braces investors for bad first half while trying to depict a rosy future
The payment services company said an extraordinary adjustment that hit its revenue last year will continue to weigh on its first-half results, as it talked up progress in its overseas…
FAST NEWS: JPMorgan boosts Yeahka holdings
The Latest: JPMorgan increased its holdings in digital payments company Yeahka Ltd. (9923.HK) on Feb. 7, buying shares worth nearly HK$6.89 million ($880,000), according to a Hong Kong Stock Exchange disclosure on Wednesday. Looking…
FAST NEWS: Yeahka’s operating profits soar on post-Covid rebound
The latest: Mobile payment services provider Yeahka Ltd. (9923.HK) announced on Thursday its net profit for the first half of the year fell 55.8% year-on-year to 33.16 million yuan ($4.55 million). But…
Yeahka sees spring in 2023 as spending resumes after Covid
The company forecast gross payment volume for its core payment services to small- and mid-sized retailers would rise about 26% this year, up sharply from last year’s 5% growth Key…