PPDai
Finance · China · 1K - 5K Employees
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Overview
Headquarters
Yindong Rd Fl 6 Bldg D No 122 No 666, Sh...Phone Number
+86 4001848888Website
www.ppdai.comRevenue
$1.9 BillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About PPDai
PPDAI is a prominent online consumer finance marketplace in China with strong brand recognition. It was the first platform in the country to connect borrowers and investors through an online model. As a pioneer in the space, the company has leveraged early-mover advantages and has gained valuable insights from numerous complete loan cycles. PPDAI’s platform is driven by proprietary, advanced technologies that support a highly automated loan transaction process, enhancing the overall user experience. This technology-driven approach has contributed to significant growth in both its user base and loan origination activity.Explore more
PPDai Org Chart
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PPDai financials insights
Gather financial insights about PPDai, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2017
Stock Offering
$221M
PPDai Tech Stack
A closer look at the technologies used by PPDai
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Most Recent Scoops
Earnings
PPDai has announced that its board of directors approved its 7th annual dividend of US 0.277 per ADS, reflecting a 17% year-over-year increase in DPS, bringing the total dividend distribution to shareholders for fiscal year 2024 to US $70.3 million.
Financial Planning, Finance, Financial Strategy
Pain Point
notes that while China's microenvironment remains uncertain due to global trade tensions, there were encouraging signs with GDP growth of 5.4% year-over-year and retail sales rising by 5.9% in March.
Earnings
PPDai has announced that its international transaction volume exceeded RMB 3 billion for the first time, up 36% year-over-year and 5% sequentially, with outstanding loan balance rising to RMB 1.9 billion, up 46% year-over-year and 9% sequentially.
Business Intelligence, Analytics & Insights, Accounting, Financial Reporting, Finance
Pain Point
observes that global trade tensions have introduced economic challenges to Southeast Asia, with Indonesia's initial GDP growth rate decreasing to 4.9% and the Philippines maintaining 5.4% GDP growth, driven by domestic demand.
Earnings
Business Intelligence, Analytics & Insights
PPDai News & Media
Philippines: Digital Lender Maya Bank and WeFund Ink $48m Loan Deal
Digital lender Maya Bank and WeFund Lending Corp., through Lightning Financing Co., have signed a P2.75-billion ($48 million) loan channeling agreement aimed at enhancing credit accessibility for unbanked and underserved communities in the Philippines. “We are proud to work with WeFund, and this initiative is... Read MoreFinVolution Group Reports First Quarter 2021 Unaudited Financial Results
SHANGHAI, May 25, 2021 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. For the Three Months Ended YoY Change March 31, 2020...FinVolution Group to Report First Quarter 2021 Financial Results on Tuesday, May 25, 2021
-Earnings Call Scheduled for 8:00 a.m. ET on May 25, 2021- SHANGHAI, May 17, 2021 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that it will report its first quarter 2021 unaudited financial results,...FinVolution Group Stock Is Estimated To Be Modestly Overvalued
The stock of FinVolution Group (NYSE:FINV, 30-year Financials) is believed to be modestly overvalued, according to GuruFocus Value calculation.
Read more news
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Frequently Asked Questions Regarding PPDai
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PPDAI is a prominent online consumer finance marketplace in China with strong brand recognition. It was the first platform in the country to connect borrowers and investors through an online model. As a pioneer in the space, the company has leveraged early-mover advantages and has gained valuable insights from numerous complete loan cycles. PPDAI’s... Read More
