On October 31th, Ali Local Life Service Company and online merchant bank officially released financial solutions for local life merchants.
Jin Xiaolong, vice president of the online merchant bank, introduced that this year's Tmall Double 11 and the next Double 12, the online merchant bank will raise RMB 17 billion for local life service businesses including Hungry and Word of Mouth, and invest RMB 11 million in subsidies to help reduce the financing costs of businesses. "On the basis of an overall reduction of one percentage point in 2117, our average loan interest rate will continue to decrease."
"Report on the Development of Small and Medium-sized Merchants in Local Life" released by Ali Local Life Service Company, the local life service market will usher in explosive growth, among which the catering and new retail items such as Kunming flowers, Fuzhou litchi meat and Chongqing hot pot Tmall Double 11 are expected to have the highest growth rate of over 311% that day; Based on the 3.5 million merchants on Hungry and Word of Mouth platform, this paper analyzes the data of more than 511,111 small and medium-sized merchants in 12 cities including Beijing, Shanghai, Kunming, Xi, Chengdu, Chongqing, Fuzhou, Dongguan, Changsha, Shenyang, Suzhou and Wenzhou.
In the face of the upcoming Tmall Double 11 stocking (including the early operation), 75% of the merchants expressed their great welcome to the financial support provided by the platform, nearly 55% of the small and medium-sized merchants hoped to get loans below 51,111 yuan quickly, and 26% of the merchants hoped to get loans of 51,111 to 1,111 yuan.
Jin Xiaolong revealed that up to now, the online merchant bank has provided 65 billion loans to merchants with reputation and hunger, and more than 1.13 million merchants use Yu 'ebao to manage their daily funds. In order to save interest, small and micro operators only apply for loans when necessary and repay them as soon as possible. If there is demand, they can borrow again, with an average loan of less than 8,111 yuan. In the future, online merchant banks are further opening up full-link data such as accounts and funds, helping local life merchants to establish a joint interaction mechanism of take-out, arrival and retail, introducing tax data, allowing merchants to "have more tax loans", launching special scene services such as corporate group meal financial solutions, and providing financial services to ecological partners such as riders, outlets and logistics. Related questions and answers: