Yeahka’s Shopper Cloud Platform goals to supply retailers with options for retailer administration and traffic-driving buyer acquisition. To date, the platform has served virtually 20,000 retailers up to now, of which the bulk challenge coupons with the principle product “YueHuiQuan” on shopper cloud platform and develop their very own non-public visitors are eating places, and snack and beverage distributors.
When it comes to particular purposes, any coupon transaction that takes place on the Shopper Cloud Platform may be traced, which permits coupons to be securely and reliably traded and regifted. Leveraging the information immutability of blockchain, the Shopper Cloud Platform creates a trusted and standalone community that operates independently of any third events. It additionally makes it simpler for the federal government to trace the creditworthiness of retailers, handle business providers, and shield shopper rights.
On January 10, 2019, the CAC printed the Administrative Provisions on Blockchain Data Providers, which turned efficient on February 15, 2019. As of in the present day, the Web regulator has launched 4 units of home blockchain service suppliers, involving a complete of 1015 firms and tasks. The compliance doc of service suppliers goals to supply an efficient authorized foundation for the supply, use, and administration of blockchain data providers.
Firms named to this point have included main Chinese language Web giants, corresponding to Tencent (00700.HK), Alibaba (9988.HK), Baidu (BIDU.US) and JD.com (JD.US), which signifies that blockchain expertise shall be utilized to a variety of conditions and sectors.
By means of the Shopper Cloud Platform, Yeahka will additional discover its potential of making use of blockchain expertise to particular purposes involving coupons. Whereas optimizing the expertise for each retailers and shoppers, the Firm will improve its knowledge evaluation capabilities round non-public visitors and operations of coupons to optimize advertising efforts and enhance the enterprise progress for retailers.
About YEAHKA LIMITED (9923.HK)
YEAHKA LIMITED (“Yeahka” or the “Firm”) is a number one payment-based expertise platform in China offering fee and technology-enabled enterprise providers to retailers and shoppers. In response to Oliver Wyman, we’re the second largest non-bank unbiased QR code fee service supplier in China, with roughly 14.0% market share by way of transaction rely in 2019. The Firm’s worth proposition is a cohesive ecosystem that permits seamless, handy and dependable fee transactions between retailers and shoppers, and leveraging its huge buyer base and knowledge property gathered from fee providers, to additional provide a wealthy number of technology-enabled enterprise providers, together with (i) service provider SaaS merchandise, which assist clients enhance their operational effectivity, (ii) advertising providers, permitting clients to successfully attain their goal markets, and (iii) fintech providers, which cater to clients’ monetary wants.
SOURCE Yeahka Restricted