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Profile: Knight-Swift Transportation Holdings Inc (KNX)

KNX on New York Consolidated

16 Mar 2018
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$0.37 (+0.75%)
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Qudian Inc., incorporated on November 16, 2016, provides cash credit products, which provide funds in digital form, and merchandise credit products. The Company operates through an online platform and all the transaction are facilitated through mobile devices. Borrowers can apply for credit on their mobile phones and receive approval within a few seconds. Approved borrowers are then able to draw down on their cash credit with cash disbursed immediately into their Alipay accounts in digital form. Borrowers also repay the credit drawdowns through their Alipay accounts. It also offers merchandise credit products to finance borrowers’ direct purchase of merchandise offered on its marketplace on installment basis. It offers small-sized cash credit products and merchandise credit products.

The Company’s credit products can be accessed through the Alipay mobile application or its Laifenqi and Qudian mobile applications. Its marketplace connects consumers with merchandise suppliers. It offers 14 categories of merchandise from over 1,000 brands covering primarily consumer electronics, home appliances, watches and accessories, sports and outdoor merchandise and luggage. Borrowers are typically charged financing service fees for merchandise credit drawdowns. It refers to its credit assessment system for new borrowers as A score. A score incorporates variables including internal data, such as the historical delinquency rates it experiences in the province where a prospective borrower resides, and data from external parties, stability of online social network, average liquid asset index, online consumption level and credit repayment index. It refers to its credit assessment system for borrowers who have established certain histories with the Company as B score. Once a borrower’s B score is available, his or her A score will be replaced by B score for future credit assessment and re-evaluation purposes.

Company Address

Knight-Swift Transportation Holdings Inc

15/F Lvge Industrial Building
1 Datun Road
BEIJING   BEJ   100012
P: +8610.59485220

Company Web Links