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RD Technologies and LianLian Global Partner on Revolutionizing Cross-Border Transactions With Stablecoin
LianLian Reports 617 Million Yuan in H1 2024 Revenue, Up Over 40% Year-Over-Year
LianLian Digital (2598.HK) interim performance: Performance verifies the high growth logic of diversified businesses and initiates a positive operational cycle.
Since the beginning of this year, the government work report has proposed to promote the healthy development of new formats such as cross-border e-commerce, coupled with the strong overseas demand and the development of cross-border e-commerce platforms such as Shein and Temu, the elements and conditions for further consolidating the foundation of foreign trade are continuously gathering. Against this background, the cross-border payment industry, which plays an important role in promoting trade connectivity and digitalizing fund flows, is also developing rapidly. On August 20, LianLian Digital (2598.HK) released its mid-term performance for 2024, which confirmed this trend with positive core data. In the first half of 2024, the company achieved an income of 0.617 billion yuan.
Express News | Lianlian Digitech Achieves 40.1% Revenue Growth in 1H2024
LianLian Digital (02598.HK) announced its interim results. TPV of its digital payment business increased by 120.1%, further expanding its global business layout.
On August 20th, Gelonhui announced that in the first half of 2024, LianLian Digital will further expand its global business layout, strengthen product innovation, and promote comprehensive and excellent performance growth in all business lines. As of June 30th, 2024, the company's total revenue for the first half of the year was 61.74 million yuan, a year-on-year increase of 40.1%. The company had a loss of 35 million yuan during the reporting period, a decrease of 32.6 million yuan from the same period last year, and a narrowing loss of 8.5%. Excluding (i) share-based compensation expenses of RMB 127.6 million; and
Lianlian DigiTech Reports Improved H1 2024 Results
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