Youzan Technology Ltd - Company Profile
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Youzan Technology Ltd (Youzan Technology) is a provider of cloud-based commerce services to merchants through subscription solutions. The companys offers services such as social e-commerce, store management, and new retail SaaS products and services. Youzan Technology's major offerings include a diverse range of SaaS products such as Youzan WeiMall, Youzan Store, Youzan Chain and Youzan Beauty.Its merchant solutions mainly include Youzan Worryfree Shopping, Youzan Distribution, Youzan Promotion, and Youzan Logistic Solutions. The company’s products cater to a wide range of industries, including E-commerce merchants, retail shops, and chain stores and franchises. The company also offers a PaaS platform, Youzan Cloud, to support merchants and developers in customizing personalized solutions. The company has operations across Hong Kong, China and the British Virgin Islands. Youzan Technology is headquartered in Central, Hong Kong.
Youzan Technology Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| SaaS Platform | Third-Party Payment Management Services |
| Consultancy Services | |
| Online Trading Services | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In May, the company announced its plans to acquire 48.10% of the shares of Youzan Technology. |
| 2020 | Commercial Operation | In October, the company teamed up with Tencent Advertising to launch the "Beacon Project 3.0. |
| 2020 | Contracts/Agreements | In May, the company signed a Memorandum of Understanding to acquire 10% stake in Hangzhou Aiguang network. |
Competitor Comparison
| Key Parameters | Youzan Technology Ltd | Alipay.com Co Ltd | China UnionPay Merchant Services Co. Ltd. | Merchant One, LLC | QFPay International Ltd |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | China | China | United States of America | Hong Kong |
| City | Hong Kong City | Hangzhou | Shanghai | Miami Beach | Hong Kong City |
| State/Province | - | Zhejiang | Shanghai | Florida | - |
| No. of Employees | 1,675 | - | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zhu Ning | Chairman; Chief Executive Officer | Executive Board | 2021 | 42 |
| Yu Tao | Director; Chief Financial Officer | Executive Board | 2021 | 37 |
| Ying Hangyan | Director; Chief Service Officer | Executive Board | 2018 | 43 |
| Han Xia | Joint Secretary | Senior Management | 2022 | - |
| Cheng Ching Kit | Joint Secretary | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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