Fanli.com included in the top 50 Internet companies in Shanghai

Recently, Jiemian News has released the list of top 50 new economy Internet companies in Shanghai, which included Fanli.com, Xiaohongshu, Bilibili, and Pinduoduo.

Recently, Jiemian News has released the list of top 50 new economy Internet companies in Shanghai, which included Fanli.com, Xiaohongshu, Bilibili, and Pinduoduo.

Ge Yongchang, founder and CEO of Fanli.com, said that Fanli.com would continue to help its users save money while purchasing goods on the Internet in the next twenty years as it had been doing so for the past fourteen years.

According to iResearch data, in terms of average monthly active users and the total usage times, Fanli.com app ranked first among its counterparts in 2019. The annual net profit of Fanli.com has consecutively exceeded 100 million yuan in recent years.

Besides, in March of 2020, Fanli.com has started the capital process of being listed on the China A-shares market, meaning that it might become the first money-saving listed company in China.

Founded in 2006, Fanli.com keeps focusing its business on guiding users to other online shopping platforms by offering them a rebate. Since 2019, Fanli.com has accessed a large number of localized portals, and has taken the lead in proposing the concept of rebate on everything.

During the 618 Festival in China this year, Fanli.com has helped its users save more than 170 million yuan while shopping on the e-commerce platforms, meanwhile bringing more orders for its business partners like Vipshop, Koala.com, Nike official website, Microsoft China, and Under Armour.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/23/fanli-com-included-in-the-top-50-internet-companies-in-shanghai/.

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