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Weidai Ltd. engages in the provision of auto-backed financing solutions. It transforms used automobiles, a type of no-standard collateral into investable assets to provide accessible credit for small and micro enterprises, and connects the borrowers with institutional funding partners through its platform. The company was founded by Hong Yao in February 2010 and is headquartered in Hangzhou, China.

WEI Weidai Ltd - ADR

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