XIAMEN,
China, July 18, 2022 /PRNewswire/ -- Qudian
Inc. ("Qudian" or the "Company") (NYSE: QD), a
consumer-oriented technology company in China, today provided
an update on its ready-to-cook meal business under the brand of QD
Food, including its operational progress and recent initiatives.
Introduced in March 2022, QD Food is
Qudian's latest strategic venture leveraging its technology
capabilities to create innovative consumer products and
services.
Since its inception, QD Food has made remarkable progress. As of
July 18, 2022, the Company has 15
warehousing, assembly and packaging facilities, delivering products
to over 200 cities and towns across China. Consumers can currently place orders
through three channels, Douyin's livestreaming platform, QD Food's
WeChat mini-program, and the QD Food App. Presently, QD Food offers
over 10 dishes, including delicious classic dishes such as boiled
fish with pickled cabbage, steamed pork with rice flour and
beer-braised duck, which are well-liked by the consumers and
receiving much positive feedback.
In particular, on July 17, 2022,
QD Food hosted the "717 Foodies Festival," a livestreaming event on
Douyin featuring CEO Min Luo
introducing QD Food's products to millions of viewers, whose
sparkling performance fueled sales of a total of approximately 9.56
million dishes [1]. The event was ranked No. 1 on Douyin
for over 10 hours during the livestreaming, with peak concurrent
viewers reaching an impressive high of over 900 thousand and
attracting about 4 million new followers for Mr. Min Luo's Douyin account "Qudian Boss Luo." As
of July 18, 2022, the account's total
number of followers exceeded 5 million.
"We are excited to see QD Food going from strength to strength,
especially the outstanding commercial performance of our
livestreaming event," said Mr. Min
Luo, Founder, Chairman and CEO of Qudian. "To capitalize on
the burgeoning popularity of livestreaming e-commerce and the vast
market demand for ready-to-cook foods, we will continue developing
high-quality products and delivering outstanding consumer
experiences. The successful establishment of QD Food is enabling us
to seize market opportunities to create a new, accelerated engine
for our sustainable growth."
Catering to working families, QD Food features fresh ingredients
and ready-to-cook dishes that can be conveniently and easily
prepared at home, at excellent value-for-money prices.
[1] Without considering potential refunds and
refunded orders.
About Qudian Inc.
Qudian Inc. ("Qudian") is a consumer-oriented technology
company in China. The Company
historically focused on providing credit solutions to consumers.
Qudian is exploring innovative consumer products and services to
satisfy Chinese consumers' fundamental and daily needs by
leveraging its technology capabilities. In March 2022, it launched a ready-to-cook meal
business catering to working-class consumers in China.
For more information, please
visit https://ir.qudian.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements. Among
other things, the expectation of its collection efficiency and
delinquency contains forward-looking
statements. Qudian may also make written or oral
forward-looking statements in its periodic reports to the SEC,
in its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Statements that are not
historical facts, including statements
about Qudian's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Qudian's goal and
strategies; Qudian's expansion
plans; Qudian's future business development, financial
condition and results of
operations; Qudian's expectations regarding demand for,
and market acceptance of, its
products; Qudian's expectations regarding keeping and
strengthening its relationships with customers, business partners
and other parties it collaborates with; general economic and
business conditions; and assumptions underlying or related to any
of the foregoing. Further information regarding these and other
risks is included in Qudian's filings with the SEC.
All information provided in this press release and in the
attachments is as of the date of this press release,
and Qudian does not undertake any obligation to update
any forward-looking statement, except as required under applicable
law.
For investor and media inquiries, please contact:
In China:
Qudian Inc.
IR team
Tel: +86-592-596-8208
E-mail: ir@qudian.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: qudian@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: qudian@tpg-ir.com
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SOURCE Qudian Inc.