Qudian

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Qudian Inc.
legal form Corporation
ISIN US7477981069
founding March 2014
Seat Xiamen, China
management Min Luo, CEO
Number of employees 947 (2019)
sales $ 1.27 billion (2019)
Branch Credit institution
Website ir.qudian.com
As of December 31, 2019

Qudian Inc. is a Chinese technology company based in Xiamen, China . Qudian specializes in enhancing the online consumer finance experience in China.

history

Qudian was founded in March 2014 as Beijing Happy Time by Min Luo. Back then, the business model was based on providing goods and cash loans to students across China .

In November 2015, the company shifted its focus to a broader target group of young consumers.

On November 16, 2016, Qudian Inc. was founded. Since then, Qudian has been offering credit products digitally.

In 2017, Qudian also entered the auto finance industry under the Dabai Auto brand .

In the second quarter of 2019, Qudian then began to run down auto finance products and focus on the consumer finance space.

Companies

management

Min Luo, Founder and CEO

Gao Yan, President of Finance

Sissi Zhu, President for Investor Relations

Yang Binbin, President of Public Relations

Lianzhu Lv, head of user experience

Business figures

In 2019 , the company had sales of $ 1.27 billion . This corresponds to an increase of more than 400% compared to the fiscal year of the IPO with sales of USD 213 million .

Business figures in millions of US dollars
year sales Profit Total assets Employee
2016 213 85 1050 1014
2017 734 333 2979 1614
2018 1119 362 2364 1154
2019 1270 469 2637 947

Individual evidence

  1. a b employees 2016-2019. macrotrends.net, accessed on July 9, 2020 .
  2. a b c sales figures 2016-2019. macrotrends.net, accessed on July 9, 2020 .
  3. a b Qudian Inc. (QD) Company Profile and Facts - Yahoo Finance. Retrieved on July 9, 2020 (German).
  4. QD - Qudian Inc Company Profile - CNNMoney.com. Retrieved July 9, 2020 .
  5. a b QD. Retrieved July 9, 2020 .
  6. Qudian Inc. (QD) company profile and facts - Yahoo Finance. Retrieved on July 9, 2020 (German).
  7. Qudian Inc (QD.N) Company Profile | Reuters. Retrieved July 9, 2020 .
  8. Qudian Inc: Qudian Inc. Unveils New Business Initiative Budget Car Financing. Retrieved July 9, 2020 .
  9. Profit 2016-2019. macrotrends.net, accessed on July 9, 2020 .
  10. ↑ Total assets 2016-2019. macrotrends.net, accessed on July 9, 2020 .