- Business
- Lakala Payment Co., Ltd. Lakala Payment Co., Ltd. (300773.SZ) provides third-party digital payment and technology services primarily to merchants and enterprises in China; its core offerings encompass payment collection solutions, cross-border payments supporting over 100 countries, foreign card services, QR code payments, digital RMB payments, online and offline bank card acquiring through partnerships with Visa, MasterCard, Discover, and American Express, money management, store management, supply chain management, and value-added financial technology services including credit scoring, risk assessment, data analytics, and advertising; the company also delivers integrated solutions for industry digitization across sectors such as supermarkets, community retail, logistics, catering, property, trade, and insurance. Founded in 2005 and headquartered in Beijing, Lakala Payment Co., Ltd. obtained one of the first Payment Business Licenses from the People's Bank of China in 2011 and listed on the Shenzhen Stock Exchange in 2019; it maintains nationwide branches in all provinces, municipalities, and major secondary cities, serving over 27 million merchants with a focus on small and micro enterprises. Recent developments include enhanced capabilities in commercial digital operations as of mid-2025, ongoing strategic investments in cross-border payment expansion amid industry competition, and sustained growth in transaction volumes through technology upgrades like AI integration and merchant-facing products such as payment soundboxes and mobile apps.