English | 简体中文 | 繁體中文 | 한국어 | 日本語
2021年9月30日 17時56分 JST
Share:
Yeahka Ranks First among Non-bank Independent Institutions in QR Code Payment Acquiring Services

香港, 2021年9月30日 - (JCN Newswire) - Yeahka Limited ("Yeahka" or the "Company") (Stock Code: 9923), a leading payment-based technology platform in China, has surpassed others to become one of the most-used aggregate payment service providers by merchants in China.

Yeahka's interim results show, as of the first half of this year, the total number of active merchants using the Company's payment services has reached 6.13 million, up 30.8% year-on-year ("YoY"). Its daily peak count of QR code payment transactions has reached 42 million, compared to 30 million at the end of last year, leading to a rapid increase in its market share in the non-bank independent QR code payment services market. According to Oliver Wyman, Yeahka ranked second with a market share of 14% in China, according to the number of transactions in 2019.

Based on analysis of the latest open data of other key players, Yeahka has surpassed its competitors to become the largest non-bank independent QR code payment services provider by market share in China.

According to iResearch Consulting's 2021 China's Third-Party Payment Industry Report, published this June, the number of merchants covered by integrated payment services has reached 30.48 million, up 19.2% YoY, as of the first half of 2021. Serving 6.13 million merchants, Yeahka has a market share of approximately 20%.

Number of payment transactions through QR code is displayed real-time on Yeahka's official website (www.yeahka.com).

A payment method that integrates multiple relatively fragmented payments through the use of an integrated QR code, aggregate payment brings more convenience to both merchants and consumers. For a services provider, in addition to providing omni-channel payment services, leveraging its technical capabilities to provide value-added services is a crucial next step.

This is also the key to Yeahka's business - the steady and rapid growth of the payment business also propels another important segment for the Company, namely technology-enabled business services. According to Yeahka's interim report, the revenue of this segment increased 86.6% YoY to RMB360 million, and its contribution to the Company's gross profit increased to 43.5% from 34.9% in the same period of 2020, significantly higher than other players in the same field.

Utilized HK$119.8 million in share incentive scheme

Yeahka announced on 23 September that, as of 21 September 2021, the trustee of the Restricted Share Unit ("RSU") Scheme had utilized an aggregate of approximately HK$119.8 million to purchase 4,104,400 Shares from the market at a consideration of HK$26.30 to HK$30.00 per share to hold in trust for the benefit of the RSU participants pursuant to the rules of the RSU Scheme.

According to the announcement, the shares purchased will be rewards for the RSU participants in the RSU Scheme, as an incentive for their contribution to the Company. In addition, the share purchase pursuant to the RSU Scheme also demonstrates the Company's confidence in its business outlook and prospect. The Company will continue to conduct share purchases in the market based on market conditions.


トピック: Press release summary セクター: Cards & Payments, Cloud & Enterprise
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
三菱重工など、電力系統の混雑緩和を実現するシステムのフィールド実証を開始 
May 10, 2024 11:50 HKT/SGT
ソニー独自のマイクロサージャリー支援ロボットを開発 
May 9, 2024 18:00 HKT/SGT
Honda、インドでの電動化の加速に向けた研究開発拠点をベンガルールに開設 
May 9, 2024 13:50 HKT/SGT
LEXUS、「LM」に6座仕様車を追加設定 
May 9, 2024 13:45 HKT/SGT
富士通、がんのタイプ分けなどのゲノム医療分野の課題を世界最高精度で解く、説明可能なAI技術を開発 
May 9, 2024 13:30 HKT/SGT
アフリカがついに日本のビジネスにおける国境を開放 
May 8, 2024 15:00 HKT/SGT
KKRとマリオット・インターナショナル、新ホテルブランドFour Points Express by Sheratonを発表し、日本のミッドスケール(宿泊特化型)ホテル市場に参入 
May 7, 2024 18:30 HKT/SGT
KKRとマリオット・インターナショナル、新ホテルブランドFour Points Express by Sheratonを発表し、日本のミッドスケール(宿泊特化型)ホテル市場に参入 
May 7, 2024 18:30 HKT/SGT
のぞみエナジー、日本初の長期脱炭素電源オークションでプロジェクト2件獲得 
May 7, 2024 17:30 HKT/SGT
Alpha Trends Introduces Solution for CFD Trading, Combining AI and Expert Financial Guidance 
May 7, 2024 09:00 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575