Youzan Technology Ltd. is an investment holding company, which engages in the provision of electronic payment tools. It operates through the following segments: Third Party Payment Services, Merchant Services, and Other. The Third Party Payment Services segment offers third party payment services and related consultancy services in the People’s Republic of China. The Merchant Services segment focuses on e-commerce platform with a variety of SaaS products and comprehensive services in the PRC through Youzan Technology Inc. and its subsidiaries, which owns Youzan WeiMall, Youzan Retail, Youzan Beauty, and other SaaS products. The Other segment includes general trading and onecomm segment into another operating segment. The company was founded on August 17, 1999 and is headquartered in Hong Kong.
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