Lexin is also backed by the second largest e-commerce platform in China, JD.com, which owns 11.9 per cent of the shares in the company. Photo: Handout
Have phone will borrow: Here’s the latest tech play on China’s spendthrift youth
Mainland Chinese youth are willing to borrow money for the latest ‘must have’ consumer items, but are underserved by traditional banks
Topic |
Fintech
Lexin is also backed by the second largest e-commerce platform in China, JD.com, which owns 11.9 per cent of the shares in the company. Photo: Handout