Has Baiqian Finance started again?
Baiqian finance has started to operate again, but it is not based on the original consumer finance, but is transforming into other fields. Specifically, buy buy Tesco, an e-commerce platform related to Baiqian Finance, began to exert its strength and launched a variety of loan products to realize traffic realization. In addition, Baiqian Finance has obtained new shareholders who are closely related to Zhongan Insurance and obtained new financial support. At the same time, Baiqian Finance also hired Liu Fanglai, vice president of Lexin's e-commerce business, to take charge of buy buy Tesco, and made a series of major adjustments to its business model. Finance refers to the issuance, circulation and withdrawal of money, the issuance and recovery of loans, the deposit and withdrawal, the exchange of foreign exchange and other economic activities. Finance also refers to the economic activities of banks, securities or insurance companies to raise funds from market entities and lend them to other market entities. In addition, finance also involves the cross-space and cross-time flow of funds, such as gold and silver transactions.