Curated News
By: NewsRamp Editorial Staff
March 26, 2024

Linklogis Inc. Reports 15.2% Increase in 2023 Revenue and Unveils New Growth Strategy

Reddit Discuss on Substack View History of this news story on GitHub
Original Source

TLDR

  • Linklogis Inc. reported a 15.2% increase in revenue for the second half of 2023, giving shareholders potential for higher returns.
  • Linklogis processed RMB322 billion in total transaction volume in 2023, with 20.9% market share as the top supply chain finance technology provider in China.
  • Linklogis empowered over 250,000 SMEs to access digital financial services, supporting sustainable growth and economic recovery for small businesses.
  • Linklogis successfully applied large language models like ChatGPT to improve efficiency and reduce costs in supply chain finance, embracing cutting-edge technologies.

Impact - Why it Matters

The news is important because it showcases Linklogis Inc.'s impressive financial performance and strategic initiatives in supply chain finance technology. The company's success has a direct impact on its shareholders, customers, financial institutions, and small live-streaming e-commerce merchants, as well as the overall global supply chain and ESG initiatives. Linklogis' innovative approach and commitment to sustainable growth demonstrate its influence in the industry and its potential to create greater value for stakeholders in the future.

Summary

Linklogis Inc. released its 2023 annual results, reporting a 15.2% year-over-year increase in revenue and income, and a total transaction volume processed of RMB322 billion. The company also announced a new shareholder return plan and unveiled its strategy to replace old growth drivers with new ones. Linklogis achieved notable success with its Anchor Cloud and FI Cloud supply chain finance technology solutions, and embraced the application of large language models to promote a virtuous cycle of 'technology-industry-finance.' The company also focused on advancing its global presence and supporting Chinese manufacturing enterprises in going global, while promoting sustainable growth in the supply chain and supporting financing for small live-streaming e-commerce merchants.

Source Statement

This curated news summary relied on content disributed by BlockchainWire. Read the original source here, Linklogis Inc. Reports 15.2% Increase in 2023 Revenue and Unveils New Growth Strategy

blockchain registration record for this content.