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China Youzan provides SaaS services (online and offline e-commerce solutions) and payment services for merchants. As of 1H19, the company recorded 110,000 paying users for Weimall (e-commerce SaaS) and over 6,000 SaaS stores. Youzan reported strongtop-line growth of 32% hoh to HK$590m, driven by the launch of Youzan Education and Youzan Retail.