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jianpu technology inc- adr (JT) Details

Jianpu Technology Inc. operates a platform that provides online discovery and recommendation services for financial products in the People’s Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products. The company recommends loans and credit cards to individual users and assists the financial service providers in targeting users with specific characteristics based on the users’ financial needs and credit profile, as well as the products offerings and risk appetite of the financial service providers. Its platform provides sales and marketing, big data risk management, and integrated solutions primarily to financial service providers. The company operates its platform under the Rong360 brand name. Jianpu Technology Inc. was founded in 2011 and is headquartered in Beijing, China.

1,109 Employees
Last Reported Date: 04/23/19
Founded in 2011

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jianpu technology inc- adr
Jianpu Technology Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Provides Revenue Guidance for the Second Quarter of 2019

Jianpu Technology Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the period, the company reported total revenues of RMB 654,859,000 against RMB 335,674,000 a year ago. Income from operations was RMB 15,996,000 against loss of RMB 59,003,000 a year ago. Net income was RMB 18,710,000 against loss of RMB 57,064,000 a year ago. Basic net income per share attributable to the company's shareholders was RMB 0.04 against net loss per share attributable to the company's shareholders of RMB 0.14 a year ago. Net income per basic ADS attributable to the company's shareholders was RMB 0.10 against net loss per ADS attributable to the company's shareholders of RMB 0.34 a year ago. Net income per diluted ADS attributable to the company's shareholders was RMB 0.09 against net loss per ADS attributable to the company's shareholders of RMB 0.34 a year ago. The company provided revenue guidance for the second quarter of 2019. For the quarter, the company expects total revenues to be approximately RMB 360 to RMB 380 million.

Jianpu Technology Inc. Announces Changes to Its Board of Directors

Jianpu Technology Inc. announced the board of directors (the "Board") has appointed Mr. Yilu (Oscar) Chen as a director, effective May 24, 2019, based on the unanimous recommendation of the nominating and corporate governance committee of the Board. Additionally, Ms. Yuanyuan Fan has advised the Board her wish to step down from her role as a director due to personal reasons with immediate effect. Mr. Chen has served as its chief financial officer since December 2016. Prior to his career with us, Mr. Chen served as CFO of Jia.com from August 2015 to November 2016, executive director at Fosun Kinzon Capital from July 2014 to July 2015, executive director at Goldman Sachs TMT banking from December 2006 to May 2014. Before that, Mr. Chen took different roles in his capacity with Changjiang BNP Paribas Peregrine, China Southern Securities and KPMG from 1997 to 2006.

Jianpu Technology Inc., Q1 2019 Earnings Call, May 28, 2019

Jianpu Technology Inc., Q1 2019 Earnings Call, May 28, 2019


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