QD - Qudian Sees Food For Growth In Prepared Meals Weighs Exit Of Core Lending Business

• Qudian said it has started trial operations for QD Food, which sells ready-to-cook meal kits through a WeChat mini app.
• The move comes as the company says it may wind down its original credit business due to the challenging regulatory environment.
• Although Qudian may fetch a better P/E ratio than its two peers, the value of its shares is a fraction of their 2017 IPO price of $24.

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