Business Models Of Internet Finance - 1699 Words

Abstract The internet finance industry is newly developed in China, with only a very brief history. However, the industry is growing at a rapid pace and is becoming a significant part of the overall financial industry in China. In terms of financial functions, internet finance is mainly comprised of payment and settlement services, sales of asset management productsï ¼Å'and financing. Without discussing any one particular area in depth, this paper is intended to provide a broad overview of each of the business models of internet finance in China, their development and how they interact with the traditional financial sector. I. Introduction Internet finance has started in China years ago with online settlement and payment products. However, it is only in recent years, with the widespread of many internet financial innovations, that internet finance has gained so much popularity and became so relevant to people’s everyday lives. With only a few years of growth, the internet finance models are far from mature. But with the development of the internet ecosystem and internet technologies such as mobile payment, social networking, and cloud computing, internet finance is going to be constanly evolving. The rise of e-commerce is probably the most important factor driving the internet finance industry’s success in China. E-commerce has experienced rapid growth in China in recent years. E-commerce transactions has grown from 0.3 trillion RMB in 2009 to 1.3 trillion RMB in 2013. That isShow MoreRelatedApplication Assignment : Strategic Assessment Essay1728 Words   |  7 Pagesa multinational company that is a leader in internet related products and services. It specializes in online advertising, search engine, cloud based solutions and software. Google believes in information to be available across the globe and as such have offices in more than 600 countries, maintain more than 180 internet domains and offer interfaces in more than 130 languages. (Google) SWOT Analysis of Google Internal Strengths Weaknesses Global business understanding Financial situation dependentRead MoreOvierview of Management1177 Words   |  5 PagesThe purpose of this paper is to examine the primary management functions and its relation to KFF by describing who is responsible for each function, to explain how technology and the Internet are utilized and how it affects management, and cite an example using KFF organization that illustrates Porter’s Five Forces model. The Primary Functions of Management Planning and Strategizing â€Å"Planning and strategizing and two sides of the same coin. For a company to be successful, the goals of individualsRead MoreNetflix Is An American Multinational Provider For On Demand Internet Streaming Media And Flat Rate Dvd Rentals1647 Words   |  7 PagesNetflix is an American multinational provider for on-demand internet streaming media and flat rate DVD rentals by mail service. The company was established in 1997 by Marc Randolph and is based out of Los Gatos, California. The company began as a subscription-based service in 1999 that was at the time limited to DVD rentals. In April of 2011, Netflix had over 23 million subscribers in the US and over 26 million worldwide. As of January 2016, Netflix has reported that it has 74 million subscribersRead MoreFinance Is The Field That Deals With Investing Money And Studying Cash Flow Data944 Words   |  4 PagesI am a junior at Missouri State and majoring in Finance. Finance is the field that deals with investing money and studying cash flow data. Finance majors generally end up working for a company studying the amount of risk involved in a project and calculating the return that can will be gained from taking on the risk associated with each project. People who work in this field are considered to be part of corporate finance. There is also the opportunity to become a consultant and help outside personsRead MoreCase: International Trade and Trade Finance885 Words   |  4 PagesFITTskills: International Trade Finance Case Study #1: New Modes of Trade Finance Case Study #1: New Modes of Trade Finance Trade finance in the twenty-first century: plug and pay? Palate-Able Delights (PAD) is a niche retailer of high-end food products imported from various parts of the world. Iranian saffron and caviar, French champagnes, Italian truffles and olive oils, vintage balsamic vinegars, fine cheeses, reserve wines from the leading vintners, even limited-availability spring waters†¦ifRead MoreOverview of Management1112 Words   |  5 Pagesprocess and answer phones. The Administrative Assistant performs all the basic clerical functions needed by Kathy. (Apollo Group, 2007). Kudler has a store manager for each store; Harvey Stephens is the Director of Finance and Accounting. Harvey is plans and directs all aspects of finance and accounting activities for Kudler Fine Foods. Harvey also develops and implements goals, develops policies, and priorities. Harvey prepares reports of estimated future revenue and costs; this will give Kathy aRead MoreProject Deliverable 1: Project Plan Inception Essay1192 Words   |  5 PagesPlan Inception Our Internet based company with the gross revenues of more than $35 million dollars per year. We are planning to merge with multinational company of equal size. Our company currently uses operational systems and relational databases but desire to expand into data warehousing. We will be integrating different technologies from different solution providers and incorporate industry best practices in connection with the development of technological system. Internet-based industry is aRead MoreGe Money America Essay1125 Words   |  5 PagesAssignment #2 – GE Money America Case Study GE Money America (formerly GE Consumer Finance) is the consumer finance brand for GE Consumer Finance worldwide. With more than $163 billion in assets, GE Money is a leading provider of credit services to consumers, retailer, and auto dealers in fifty countries around the world. GE Money Americas offers a range of financial products, including private-label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel andRead MoreOverview Of Kudlers Management Essay example1352 Words   |  6 PagesDel Mar, and Encinitas). The company specializes in gourmet foods, fine wines, and cheeses. This paper will underline Kudler’s management, and explain how technology and the Internet are used and have impacted the organization. From Kudler’s revision, this paper will also identify examples of the five forces of Porter’s Model. Overview of Management - Kudlers Fine Foods â€Å"Successful organizations know how to manage people and resources efficiently to accomplish organizational goals in tune withRead MoreBrief Literature Review on Online Advetising884 Words   |  4 Pagesthe revenues at present are estimated to be Rs. 80 cr. and are expected to increase six times more within the next five years. In Nigeria, Internet as a medium is accepted by a wider industrial segment that includes automobiles, telecom, education, banking, insurance, credit cards, FMCG (Fast Moving Consumer Goods), apparel/clothing, durables, media, business services and tourism. Out of these , it is estimated that the banking, FMCG and insurance sectors together account for 45% of the total advertising