Maimai

Xiaobai Maimai Files Annual Report on Form 20-F for Fiscal Year 2021

Retrieved on: 
Wednesday, July 28, 2021
Economy of New York City, NASDAQ, Maimai, Video games, Games, Finance

BEIJING, July 28, 2021 /PRNewswire/ -- Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai", the "Company", or "we"), a social e-commerce platform in China,today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2021 with the U.S. Securities and Exchange Commission ("SEC") on July 28, 2021.

Key Points: 
  • BEIJING, July 28, 2021 /PRNewswire/ -- Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai", the "Company", or "we"), a social e-commerce platform in China,today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2021 with the U.S. Securities and Exchange Commission ("SEC") on July 28, 2021.
  • The annual report on Form 20-F, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as via the Company's investor relations website at http://ir.xiaobaimaimai.com .
  • The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request.
  • Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc., ("Xiaobai Maimai" or the "Company"), is a social e-commerce platform based in Beijing, China.

Xiaobai Miamai Contributed to the Drafting of "Social e-Commerce Enterprise Operational Service Standards", Officially Launched by CATIS in February 2021

Retrieved on: 
Thursday, March 11, 2021
E-commerce, Electronics industry, Non-store retailing, Supply chain management, Maimai, Video games, Information and communications technology, Creative works

BEIJING, March 11, 2021 /PRNewswire/ -- The "Social e-Commerce Enterprise Operational Service Standards" (the "Standards") was officially released by the Social e-Commerce Branch of China Association of Trade in Services (CATIS) in February 2021.

Key Points: 
  • BEIJING, March 11, 2021 /PRNewswire/ -- The "Social e-Commerce Enterprise Operational Service Standards" (the "Standards") was officially released by the Social e-Commerce Branch of China Association of Trade in Services (CATIS) in February 2021.
  • Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai" or the "Company"), a social e-commerce platform inChina,was one of the ten leading organizations that participated in the drafting of the Standards.
  • Xiaobai Maimai's executives contributed their industry insights and efforts to formulate the Standards which aims to promote the healthy development of social e-commerce in China.
  • Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc., ("Xiaobai Maimai" or the "Company"), is a social e-commerce platform based inBeijing, China.

Xiaobai Maimai Joins Leading Industry Associations to Formulate "Social e-Commerce Enterprise Operational Service Standards"

Retrieved on: 
Wednesday, January 13, 2021
Retailing, JD.com, E-commerce, Retailers, Companies, Maimai

During the conference, the draft version of "Social e-Commerce Enterprise Operational Service Standards" was released by the Social e-Commerce Branch of CATIS.

Key Points: 
  • During the conference, the draft version of "Social e-Commerce Enterprise Operational Service Standards" was released by the Social e-Commerce Branch of CATIS.
  • Ten leading organizations including industry associations, a law firm and key social e-commerce companies such as Xiaobai Maimai, Yunji and Fenxiang, a social e-commerce platform backed by JD.com, jointly drafted the standards with the aim of promoting the standardized and healthy development of social e-commerce in China.
  • Going forward, we will continue to actively join forces with industry leaders to promote the sustainable development of social e-commerce.
  • Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc., ("Xiaobai Maimai" or the "Company"), is a social e-commerce platform based in Beijing, China.

Xiaobai Maimai Announces the Closing of P2P Disposition Agreement

Retrieved on: 
Wednesday, December 30, 2020
E-commerce, Electronics industry, Non-store retailing, Supply chain management, Maimai, Video games, Video gaming, Computing

The closing of the Agreement took place on December 30, 2020.

Key Points: 
  • The closing of the Agreement took place on December 30, 2020.
  • After the Disposition, the Company will continue to develop and invest in its social e-commerce business to take advantage of China's fast-growing e-commerce industry.
  • Mr. Xiaobo An, Founder, Chairman and Chief Executive Officer of Xiaobai Maimai, commented, "We are encouraged by the solid progress we have made to fully transform our business into a social e-commerce platform- Xiaobai Maimai.
  • Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc., ("Xiaobai Maimai" or the "Company"), is a social e-commerce platform based in Beijing, China.

Xiaobai Maimai Reports Unaudited Financial Results for First Half of Fiscal Year 2021

Retrieved on: 
Monday, December 21, 2020
Maimai, Video games developed in Japan, NASDAQ, Video games, Finance, Video gaming

BEIJING, Dec. 21, 2020 /PRNewswire/ -- Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai", the "Company", or "we"), a social e-commerce platform in China, today announced its unaudited condensed financial results for the six months ended September30, 2020.

Key Points: 
  • BEIJING, Dec. 21, 2020 /PRNewswire/ -- Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai", the "Company", or "we"), a social e-commerce platform in China, today announced its unaudited condensed financial results for the six months ended September30, 2020.
  • Total net revenues in the first half of fiscal year 2021 wasapproximately US$1.4 million, representing a decrease of 73.7% from approximately US$5.2 million in the same period of fiscal year 2020.
  • Revenue from online marketplace services was approximately US$0.3 million, compared with nil in the same period of last fiscal year.
  • Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc., ("Xiaobai Maimai" or the "Company"), is a social e-commerce platform based in Beijing, China.

Hexindai Launches Elite Influencers Program on Xiaobai Maimai

Retrieved on: 
Friday, September 25, 2020
Articles, Video games, Maimai, Public sphere, Internet celebrity, E-commerce

BEIJING, Sept. 25, 2020 /PRNewswire/ --Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that the newly launched Elite Influencers Program on Xiaobai Maimai, a new-form of social e-commerce platform released in May 2020, has made good progress and delivered impressive results.

Key Points: 
  • BEIJING, Sept. 25, 2020 /PRNewswire/ --Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that the newly launched Elite Influencers Program on Xiaobai Maimai, a new-form of social e-commerce platform released in May 2020, has made good progress and delivered impressive results.
  • Users of Xiaobai Maimai can become Elite Influencersand enjoy higher commission rates as their influence reaches certain performance milestones.
  • Currently, the Elite Influencers introduced to the platform are primarilyWeChat merchants who have considerable influence on social e-commerce in China.
  • Since the launch of the Elite InfluencersProgram, we are very pleased to see significant improvements in a number of operating metrics on Xiaobai Maimai.

Hexindai Upgrades Social e-Commerce Platform Xiaobai Maimai

Retrieved on: 
Thursday, August 13, 2020
Maimai, E-commerce, Video games, Business, Computing

BEIJING, Aug. 13, 2020 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that it has launched an upgraded version of its new form of social e-commerce platform Xiaobai Maimai, offering high-quality and affordable branded products.

Key Points: 
  • BEIJING, Aug. 13, 2020 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that it has launched an upgraded version of its new form of social e-commerce platform Xiaobai Maimai, offering high-quality and affordable branded products.
  • Mr. Xiaobo An, Founder, Chairman and Chief Executive Officer of Hexindai, commented, "We are on track with our transformation strategy to further diversify our revenue to include among other businesses, a social e-commerce platform.
  • In the first half of this year, we launched the social e-commerce platform Xiaobai Maimai, which rewards users with a small commission when they shop and recommend products to their family and friends.
  • Recently, the operating entity of Xiaobai Maimai successfully joined the Social e-Commerce Branch of China Association of Trade in Services (CATIS) and became one of its Deputy Presidents.

Hexindai Launches Social e-Commerce Platform Xiaobai Maimai

Retrieved on: 
Thursday, May 28, 2020
Video games, Maimai

BEIJING, May 28, 2020 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it has launched Xiaobai Maimai, a membership-based social e-commerce mobile platform offering high-quality and affordable branded products.

Key Points: 
  • BEIJING, May 28, 2020 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it has launched Xiaobai Maimai, a membership-based social e-commerce mobile platform offering high-quality and affordable branded products.
  • Xiaobai Maimai leverages the Company's integrated buyer resources to select and source goods globally.
  • Xiaobai Maimai deploys a membership rating system that rewards users with a commission for every purchase, share or recommendation of a product made to friends.
  • Mr.Xiaobo An, Founder, Chairman andChief Executive Officer of Hexindai, commented: "We launched Xiaobai Maimai to diversify our revenue streams and deepen the transformation of our business.