- Peak (PKK) has signed a strategic partnership agreement with ShopEx, China’s top e-commerce software provider
- ShopEx helps entrepreneurs and retailers manage stores on 28 of China’s e-commerce marketplaces
- ShopEx stores can now qualify for loans through Peak’s Lending Hub platform
- Peak Fintech Group is comprised of innovative financial technology subsidiaries operating in China’s commercial lending industry
- Peak (PKK) is up 4.48 per cent and is currently trading at C$3.03 per share
Peak (PKK) has signed a strategic partnership agreement with ShopEx, China’s top e-commerce software provider.
ShopEx provides a complete suite of solutions to help entrepreneurs and retailers easily create, manage and market stores on 28 of China’s e-commerce marketplaces, such as Taobao, JD.com. and Amazon China. An API link between ShopEx’s platform and Peak’s Lending Hub platform will help qualify stores for loans and credit.
Liang Qiu, CEO at Peak China, commented that,
“This partnership provides access to shops operating on 28 marketplaces and social media platforms without having to negotiate separate partnerships with all of them. We believe this will undoubtedly dramatically accelerate our influence in the online retail space, which makes this new relationship with ShopEx an extremely valuable one for Peak.”
“We think the financing services provided by the Lending Hub perfectly complement our offering to merchants,” added ShopEx Executive VP and Co-Founder Sanyong Ji. “Not only do we provide them with everything they need to create, market and manage their online stores, now we’ll also be able to help them get the funding they need to run their operations.”
Peak Fintech Group is the parent company of a group of innovative financial technology subsidiaries operating in China’s commercial lending industry.
Peak’s subsidiaries use technology, analytics and artificial intelligence to create an ecosystem of lenders, borrowers and other participants in China’s commercial lending space where lending operations are conducted rapidly, safely, efficiently and with the utmost transparency.
Peak (PKK) is up 4.48 per cent and is currently trading at C$3.03 per share as of 3:26 pm EST.
