Weidai Ltd.
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ROIC.AI
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- Weidai Ltd. Weidai Ltd. (WEI) operates an online finance marketplace platform in China that connects small and micro enterprise owners with investors and institutional funding partners for accessible credit; its core offerings include auto-backed loans, other secured loans such as home equity and construction machinery financing, and unsecured loans encompassing professional credit and consumption loans; the company also provides internet technology services, asset management, and business management support. Founded in 2011 and headquartered in Hangzhou, China, Weidai Ltd. focuses on the consumer lending sector, primarily serving small business borrowers through rapid lending decisions typically made within 30 minutes and same-day disbursements, including weekends. The platform emphasizes auto-backed financing solutions backed by sophisticated risk management systems. In recent years, Weidai Ltd. went public on the New York Stock Exchange in November 2018 but faced suspension of trading and delisting proceedings by the NYSE in May 2022; its American Depositary Receipts (WEIDY) were later noted as delisted pending stock liquidation as of August 2025.
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