DC/EP

Yeahka Announces 2022 Annual Results

Retrieved on: 
Monday, March 27, 2023

HONG KONG, Mar 27, 2023 - (ACN Newswire) - Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923.HK), a leading payment-based technology platform in China, is pleased to announce the annual results for the twelve months ended 31 December 2022 (the "year" or "2022").

Key Points: 
  • HONG KONG, Mar 27, 2023 - (ACN Newswire) - Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923.HK), a leading payment-based technology platform in China, is pleased to announce the annual results for the twelve months ended 31 December 2022 (the "year" or "2022").
  • to 30.2%;
    -- Adjusted EBITDA amounted to RMB213.4 million, an increase of 73.0% YoY;
    -- The gross profit margin of in-store e-commerce services improved from 35.9% in 2021 to 67.3% in 2022;
    -- Net loss of in-store e-commerce services significantly narrowed to RMB51.9 million in the second half of 2022, a decrease of 67.4% from the first half of 2022.
  • We optimized our organizational structure and developed technology-empowered services such as KOL-matching, live-streaming optimization and ads deployment for our co-op partners.
  • Because of our strategic direction, we have a healthy and sustainable business that will endure for a long time.

Yeahka Announces 2022 Interim Results

Retrieved on: 
Tuesday, August 30, 2022

HONG KONG, Aug 30, 2022 - (ACN Newswire) - Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923), a leading payment-based technology platform in China, is pleased to announce the interim results for the six months ended 30 June 2022 (the "period" or "1H 2022").

Key Points: 
  • HONG KONG, Aug 30, 2022 - (ACN Newswire) - Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923), a leading payment-based technology platform in China, is pleased to announce the interim results for the six months ended 30 June 2022 (the "period" or "1H 2022").
  • Based on the strong results in the past few months, Yeahka is confident that it will continue to realize tremendous growth in GMV and increase market share.
  • As Yeahka enters the second half of 2022, the Company may still face challenges from pandemic-driven weakened consumption environment.
  • However, as it has demonstrated with its operating results in 1H 2022, Yeahka will continue to navigate through difficult times, capitalize on the data and traffic in its ecosystem and achieve healthy growth.

Global Hardware Wallet Market 2021-2026: Exchange Hacks Driving Investment in Safer Cold Storage Wallets - ResearchAndMarkets.com

Retrieved on: 
Friday, October 29, 2021

The global hardware wallet market was valued at USD 202.40 million in 2020.

Key Points: 
  • The global hardware wallet market was valued at USD 202.40 million in 2020.
  • The rapidly growing demand for cryptocurrency during the pandemic has positively influenced the market for the hardware wallet.
  • The recent numerous Bitcoin exchange hacks have driven the company to invent a safer cold storage Bitcoin wallet for cryptocurrency.
  • The hardware wallet market is highly consolidated due to several global and regional players vying for attention in a somewhat contested market space.

IDEX Biometrics Selected for Central Bank Digital Currency Solution from Union Smart

Retrieved on: 
Monday, September 20, 2021

Union Smart has developed this cold wallet card solution in collaboration with six major banks for use in implementation of Chinas Digital Currency/Electronic Payment (DC/EP) initiative.

Key Points: 
  • Union Smart has developed this cold wallet card solution in collaboration with six major banks for use in implementation of Chinas Digital Currency/Electronic Payment (DC/EP) initiative.
  • China has a stated goal to be the leading major economy to displace traditional, central bank backed hard currency with digital currency.
  • The central bank intends to provide inclusive, easy-to-use, digital central bank currency for all people, and this product will be particularly effective in serving the needs of those in rural areas and underserved groups, said Jiang Kai, Chief Executive Officer of Union Smart.
  • Vince Graziani, Chief Executive Officer of IDEX Biometrics, stated, IDEX Biometrics authentication solutions are the natural choice for card-based digital currency applications.