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…
FAST NEWS: Yeahka’s In-store E-Commerce Services Business Soars
The latest: Mobile payment services provider Yeahka Ltd. (9923.HK) said on Monday its gross payment volume (GPV) rose more than 5% last year to over 2.2 trillion yuan ($324 billion),…
Yeahka Ramps Up E-Commerce Bid, But Investors Cash Out
Mobile payment services provider issues $70 million in convertible bonds to finance its e-commerce drive, hoping to leverage its large merchant base Key takeaways: Yeahka’s push into the highly competitive…
Yeahka in Acquisition to Boost In-Store E-commerce Business
Grappling with intense competition in the payment industry, company bets on technology-enabled services with potential to jumpstart growth Key Takeaways: Yeahka is paying 100 million yuan for 60% of consumer…
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