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Hexindai Upgrades Social e-Commerce Platform Xiaobai Maimai

NASDAQ:HX   XIAOBAI MAIMAI INC SPON ADS EACH REP 3 ORD SHS
Hexindai Upgrades Social e-Commerce Platform Xiaobai Maimai

launched an upgraded version of its new form of social e-commerce platform Xiaobai Maimai, offering high-quality and affordable branded products.

Xiaobai Maimai leverages its cooperation with major domestic e-commerce platforms and services marketplaces as part of its integrated buyer resources to select and source goods and services.

Xiaobai Maimai deploys a membership rating system that rewards users with a small commission for every purchase, share or recommendation of a product made to friends.

As of July 31, 2020, Xiaobai Maimai had approximately 160,000 active users on the app.

Recently, the operating entity of Xiaobai Maimai successfully joined the Social e-Commerce Branch of China Association of Trade in Services (CATIS) and became one of its Deputy Presidents.

CATIS has more than 300 members representing various leading companies and industries nationwide.

https://finance.yahoo.com/news/hexindai-...

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