Revenue Growth
Total revenue grew 6.4% year-over-year to RMB 3.5 billion, with net profit up 2.7% year-over-year to RMB 641 million.
International Business Expansion
International business transaction volume increased by 33% year-over-year, and revenue rose by 37% year-over-year. It now represents 25% of total revenue compared to 19% a year earlier.
Operational Strength in Southeast Asia
In Indonesia, transaction volume increased 14% year-over-year, and loan balance was up 21%. In the Philippines, transaction volume increased by 86% year-over-year with loan balances up 101%.
Technological Advancements and Partnerships
Hosted the annual FinVolution Global Data Science Competition and leveraged AI for customer service improvements, completing over 1 million service interactions.