Tencent-backed Internet bank, WeBank, has saw rapid growth in its revenues and profits. It has become one of the most profitable Internet banks in China with a valuation of RMB247.8 billion (US$35 billion). WeBank is the second most valuable private enterprise in the Greater Bay Area after the fashion behemoth SHEIN (US$90 billion). WeBank’s 2022 […]

Tencent-Backed WeBank Saw Rapid Revenue and Profit Expansion comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.