Haonan's questions to Yiren Digital (YRD) leadership • Q4 2024
Question
Asked about the company's strategy in response to relaxed regulations in China and about the long-term goals, scale, and investment for the overseas business.
Answer
In response to a more favorable macro environment, the company will focus on increasing repeat borrowing rates, smarter AI-driven customer acquisition, and improving the customer experience. For the overseas business, the long-term goal is for it to become a meaningful revenue contributor within the next three years, with the potential to eventually become as large as the domestic business by leveraging AI and replicating its successful models globally.