Rising Use of Installment Payments in China is a New Engine for Consumption, LexinFintech Study Finds
LexinFintech Holdings Ltd. - American Depositary Shares (LX)
Last lexinfintech holdings ltd. - american depositary shares earnings: 5/17 04:47 am
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Source: GlobeNewswire
SHENZHEN, China, Jan. 25, 2018 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ:LX), a leading online consumer finance technology platform for educated young adults in China, today released its “2017 Installment Shopping Behavior Report.” The use of installment payments is on the rise in China, and will continue gaining in the next few years, becoming a new engine for domestic consumption, the Lexin report found. The “2017 Installment Shopping Behavior Report” was published by Lexin with support from partners including: Apple, Vivo, Oppo, Xiaomi, Dell, L’Oreal, P&G, Midea, Chow Tai Fook, and Cabbeen. Boosting China’s domestic consumption requires abundant financial support, however, there has traditionally been a huge gap between the current income of most young people in China, and their consumption demand. Now, more young consumers in China are gaining credit to improve their quality of life today, the report found. Along with this expansion of c
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- LexinFintech Holdings Ltd. (NASDAQ:LX) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- LexinFintech Holdings Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- LexinFintech (LX) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsGlobeNewswire
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- 2/26/24 - Form S-8
- 2/9/24 - Form SC
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