Welcome to our dedicated page for JT news (Ticker: JT), a resource for investors and traders seeking the latest updates and insights on JT stock.
Jianpu Technology Inc. (NYSE: JT) is described as a leading independent open platform for the discovery and recommendation of financial products in China, and its news flow reflects both operational performance and capital markets developments. Company announcements frequently highlight how Jianpu connects users with financial service providers for products such as consumer and other loans, credit cards and wealth management products, and how it supports institutions with sales and marketing solutions, data services and risk management solutions.
News updates for JT often include unaudited financial results for quarterly periods, where Jianpu reports trends in revenues from recommendation services for loans and credit cards, big data and system-based risk management services, and marketing and other services. These releases provide detail on loan application volumes, credit card volumes, average fees per application, and changes in operating expenses, along with commentary from management on diversification, operational efficiency and cost optimization.
Investors following JT news will also see regulatory and capital markets announcements. Jianpu has disclosed NYSE non-compliance letters regarding the trading price of its American depositary shares under NYSE rule 802.01C, explaining the applicable cure periods and potential consequences if minimum price criteria are not met. In addition, the company has announced a share repurchase program authorized by its board of directors and a share purchase plan by certain co-founders and directors using personal funds.
Regular press releases also cover upcoming earnings calls, including schedules and dial-in details for quarterly results. For readers tracking Jianpu, this news stream offers insight into the company’s evolving revenue mix across recommendation services, big data and system-based risk management services, and marketing and other services, as well as its responses to market conditions and regulatory requirements. Bookmark this page to access a consolidated view of Jianpu Technology Inc. news, from financial disclosures to corporate actions related to the JT stock.
Jianpu Technology Inc. (NYSE: JT) has been provisionally identified by the SEC as a Commission-Identified Issuer under the Holding Foreign Companies Accountable Act (HFCAA) as of May 4, 2022. This identification stems from the company's recent filing of its annual report, revealing that the auditing firm used cannot be fully inspected by the PCAOB. If Jianpu is identified for three consecutive years, its shares may be prohibited from trading in the U.S. The company is actively seeking solutions to maintain its NYSE listing.
Jianpu Technology Inc. (NYSE: JT) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 29, 2022. This report includes the company's audited consolidated financial statements. Investors can access the document via the SEC's website or Jianpu's investor relations site. Jianpu operates as an independent platform in China, facilitating connections between users and financial service providers, utilizing proprietary technology to deliver customized financial recommendations.
Jianpu Technology Inc. (NYSE: JT) announced its acceptance as a member of the Payment and Clearing Association of China. This membership signifies recognition of Jianpu's contributions in fintech, reflecting the growing importance of digital transformation in the financial sector. Jianpu aims to leverage its position to enhance collaboration with regulators and financial institutions. CEO David Ye emphasized the company's commitment to fostering synergies within the association to drive the financial industry's digitalization.
Jianpu Technology Inc. (NYSE: JT) reported significant growth in its unaudited financial results for the fiscal year 2021, with total revenues rising by 37.4% to RMB805.0 million (US$126.3 million). Recommendation services saw a 42.2% revenue increase, totaling RMB575.2 million (US$90.3 million). Notably, the number of credit card recommendations surged by 38.4% to RMB407.8 million (US$64.0 million). Despite a net loss of RMB204.1 million (US$32.0 million), the company narrowed its losses compared to the previous year, indicating a strategic turnaround and improved operational efficiency.
Jianpu Technology Inc. (NYSE: JT) will release its second six months and fiscal year 2021 unaudited financial results on April 12, 2022, before U.S. markets open. An earnings conference call will follow at 8:00 AM ET. Participants are encouraged to join five minutes early. The call can also be accessed via a live and archived webcast on the company’s investor relations website. Jianpu is a leading platform in China for financial product discovery and recommendations, connecting users with providers efficiently.
Jianpu Technology Inc. (NYSE: JT) reported its financial results for the first half of 2021, showing a total revenue increase of 13.7% to RMB343.5 million (US$53.2 million) from RMB302.1 million in 2020. Revenue from credit card recommendations rose 5.3% to RMB179.8 million (US$27.8 million), while loan recommendation services soared by 60.8% to RMB75.1 million (US$11.6 million), driven by a 58.7% surge in loan applications. Although the net loss decreased to RMB95.8 million (US$14.8 million), the company’s cash reserves fell to RMB868.3 million (US$134.5 million).
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Jianpu Technology Inc. (NYSE: JT) filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on October 29, 2021. The report includes audited consolidated financial statements that are accessible via the SEC and Jianpu's investor relations website. Jianpu operates as an independent platform in China for discovering and recommending financial products, utilizing its data insights and technology to offer personalized services to users and financial service providers.
Jianpu Technology Inc. (NYSE: JT) announced its receipt of the "Specialized Accreditation of Big Data Platform Security" from Zhuoxin, recognizing its competitiveness in data security. This certification was conferred by the China Academy of Information and Communication Technology, marking Jianpu as one of only five recipients. The importance of data security is underscored by China's new legislation effective September 1, 2021. CEO David Ye emphasized the company's commitment to enhancing data security and supporting financial service providers in the evolving digital economy.
Jianpu Technology Inc. (NYSE: JT) announced its selection as one of the first companies in the Zhuoxin Big Data Program, led by the CAICT, aimed at enhancing data security for enterprises in China. The Program introduces a comprehensive data governance ecosystem and the first certification framework for data security in China. Jianpu's big data platform has achieved significant cybersecurity recognition, ensuring heightened data security capabilities for the financial sector. This initiative supports China's digital economy's sustainable growth and reflects Jianpu's commitment to data privacy protection.
