Lakala, a China-leading third party payment service provider, is committed to provide commercial digitalized operation service, serving customers in the full spectrum of services covering payment, technology, source, logistics, finance, brand and marketing.
Lakala Group
Founded in 2005, Lakala Payment Co., Ltd. (hereinafter referred to as "Lakala Payment") is a leading third-party payment company in China. The company is positioned as a "digital business service provider for merchants". In 2011, it was the first batch to obtain the "License for Payment Business" issued by the People's Bank of China. On April 25, 2019, Lakala Payment was successfully listed on the Shenzhen Stock Exchange, becoming the first third-party payment company to land on the A-share market, with stock code 300773.
As of the first half of 2021, Lakala Payment has served more than 27 million merchants, covering supermarkets, community retail stores, logistics, catering, property, trade, insurance and other industries. The company has branches in all provinces, municipalities and major secondary cities across the country, with a leading business scale in the industry.
The company's main businesses are divided into two categories: merchant payment business and merchant technology service business. The payment business serves the merchant side, providing them with full-currency and full-scene collection services, including payments by domestic and international bank card, QR code, digital RMB, etc., and supporting cross-border payments in more than 100 countries.
The company has obvious first-mover and technological advantages in the digital RMB business. It is one of the only two payment institutions among the first 15 strategic partners of the People's Bank of China for digital RMB. It fully and deeply cooperates with the country to promote legal digital currency R&D, pilot work and circulation services in the future, and set up a dedicated team for technical R&D, product development and promotion & operation.
The company has built five platforms consisting of payment technology SaaS, fin-tech SaaS, cross-border technology SaaS, supply chain SaaS, and customer expansion SaaS to help merchants realize digital operations.
Sun Taoran
Founder and Chairman of Lakala Group
Founder of Kunlun Xuetang
Graduated from the Department of Economics and Management of Peking University, Sun Taoran has been the founder or co-founder of multiple well-known enterprises,including Lakala (300773SZ) , Blue Focus (300058SZ), Beijing Hi-Tech Wealth, Koala Foundation, and Kunlun Xuetang and been well-known as one of the most successful serial entrepreneurs in China.
Mr. Sun is currently a member of the Beijing Municipal People’s Political Consultative Conference, Vice-Chairman of the Beijing Federation of Industry and Commerce, NPC member in Haidian District, Deputy Director of the Economic Committee of the Revolutionary Committee of the Chinese Kuomintang, Honorary board member of Peking University, the Secretary General of Peking University Entrepreneur Club, and Executive Vice-President of Zhongguancun Private Entrepreneurs Association.
Mr. Sun is not only a successful entrepreneur, but also a practical manager. At the beginning of Lakala's establishment, he drew up the basic framework for Lakala's corporate culture. And after continuous polishing, summarizing and practicing during the development of the company, he created a unique “Five Elements Culture” for enterprise management, formed the management idea of “managing companies with culture”.