Weidai Ltd.

General Information


We are the largest auto-backed financing solution provider in China in terms of loan volume in each of 2015, 2016 and 2017, with a market share of approximately 35% in 2017, according to the Oliver Wyman Report. Our platform connects borrowers, the majority of which are small and micro enterprise owners, with both online investors and institutional funding partners. Established in 2011 by a group of entrepreneurs with backgrounds in small and micro enterprises, we are dedicated to providing small and micro enterprise owners with accessible credit.

Employees: 10794
Founded: 2011
Contact Information
Address 50/F, West Building, Fortune Finance Center, No. 33 Jiefang East Road, Jianggan District, Hangzhou, Zhejiang Province, People’s Republic of China
Phone Number +86-571-5812-3844
Web Address http://www.weidai.com.cn
View Prospectus: Weidai Ltd.
Financial Information
Market Cap $699.9mil
Revenues $417.3 mil (last 12 months)
Net Income $74.4 mil (last 12 months)
IPO Profile
Symbol WEI
Exchange NYSE
Shares (millions): 4.5
Price range $10.00 - $10.00
Est. $ Volume $45.0 mil
Manager / Joint Managers Morgan Stanley/ Citigroup
CO-Managers AMTD
Expected To Trade: 11/15/2018
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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