PPDAI Group Inc. Entered into Strategic Agreement with Zhejiang University to Develop AI Research and Development Center
PPDAI GROUP INC (PPDF)
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Source: PR Newswire
SHANGHAI, July 30, 2018 /PRNewswire/ -- PPDAI Group Inc. ("PPDAI," "Paipaidai," or the "Company") (NYSE: PPDF), a leading online consumer finance marketplace in China, today announced its has entered into a strategic agreement with Zhejiang University to develop an AI research and development center. Through the agreement, the research teams from both parties will embark on a series of research in AI that can be used in the financial sector.Mr. Jun Zhang, Chairman and Chief Executive Officer of PPDAI, said, "This agreement of cooperation between PPDAI and Zhejiang University marks a new step of PPDAI's Smart Finance Institute since its launch in January this year and is regarded as an important part of development plan led by our research institute. In addition, the partnership kicks off our initiatives to explore new opportunities for smart finance and inclusive finance." Safe Harbor StatementThis press release contains forward-looking statements. These statements constitute "forward
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