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Benzinga
Benzinga
Business
The Bamboo Works

Yeahka Ramps Up E-Commerce Bid, But Investors Cash Out

e-commerce JPMorgan IPO Alipay China WeChat

Key takeaways:

  • Yeahka’s push into the highly competitive e-commerce space comes as growth slows for its core mobile payments business
  • Company’s stock has fluctuated since its 2020 listing, and now trades near its IPO price after a roaring start in early 2021
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