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08083 CHINA YOUZAN
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BRIEF-China Youzan Updates On Take Private Proposal For China Youzan By Betacafe Holdings
Company Profile.China Youzan Limited, formerly China Innovationpay Group Limited, is an investment holding company principally engaged in the merchant service business. The Company operates through four business segments. The Merchant Service segment engages in the provision of e-commerce platform with SaaS products and comprehensive services through Youzan WeiMall, Youzan Retail, Youzan Beauty and other SaaS products. The Third-party Payment Services segment is involved in the provision of third-party payment services and related consultancy services. The General Trading segment is engaged in the trading of watches and other goods. The Onecomm segment is engaged in the provision of third-party payment management services and sales of integrated smart point of sales (POS) devices.