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News  ›  Benzinga

Qian Xun Adds Crypto Cachet To New Business

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Qian Xun Adds Crypto Cachet To New Business

Qian Xun Technology Ltd. is transitioning from advertising services to e-commerce and fintech, unveiling PayKet, a stablecoin-based payment service for cross-border trading of used electronics. The company acquired Punkcode Technology for blockchain development and is positioning itself as a fintech provider leveraging cryptocurrencies, IoT, and AI for supply chain finance.

Insights
GRABW   positive

Partnering in innovative autonomous vehicle project, developing local talent, and preparing to launch first residential autonomous shuttle service demonstrates strategic technological advancement


JDCMF   neutral

Mentioned only as a valuation comparison point. Qian Xun trades at 2x P/S versus JD.com's 0.2x, indicating market confidence in Qian Xun's niche strategy rather than any commentary on JD.com's business.