09.11

2020

Qeeka Home Awarded the "Top 10 Preferred Internet Home Services Platform for 2019-2020"

On August 28, 2020 4th China Home Brand Conference was held in Suzhou, which was organized by Beijing Business News and West Street Media, and jointly supported by many media such as Tencent Home, Leju Finance, Netease Home, Phoenix Home, Xinhua Home, and Global Home. At the meeting, Qeeka Home (1739.HK, subject of operation: Jia.com, “the Company”), the first shares of IDC vertical platform in China, was awarded the "2019-2020 Top 10 Preferred Internet Home Services Platform".

It is reported that there are four main public selection criteria for the "Top 10 Preferred Brands" of the Home Brand Conference: first, excellent development status (head brand or innovative brand, stable development status); second, excellent quality service (product innovation, qualified quality inspection, no major complaints after the sale); third, excellent consumption channels (online and offline, channel diversity, convenient to purchase); fourth, excellent reputation evaluation (reputation in the media, goodwill in peers, reputation in customers).

The General Assembly believes that Qeeka Home and other Internet home service platforms, making full use of Internet technology, serving all segments of the home furnishing industry, paying attention to quality and service, having good word-of-mouth evaluation, and having a strong development trend, especially in the face of the epidemic, still healthy development, bringing home furnishing enterprises with quality services and sufficient flow, effectively boosting the home furnishing enterprises to improve their services and brand upgrade.

Public information shows that Qeeka Home was established in 2007, and its business covers multiple sub-ecologies such as platform, self-operated IDC business and supply chain system, etc., and is currently the largest Internet IDC platform in China, and also the platform of choice for users seeking home improvement services on the Internet. In July 2018, Qeeka Home was listed on the main board of the Hong Kong Stock Exchange, becoming the first stock of IDC vertical platform.

Qeeka Home is a reformer in the traditional home improvement industry and is committed to promoting the overall improvement of industry efficiency and user experience through its innovative digital empowerment initiatives. Recently, the company announced 2020 interim results report, the first half of the total revenue of RMB310 million, adjusted net profit of RMB 6.871 million, Qeeka Home not only continued to maintain its own profitability under the impact of the epidemic, and give full play to the positive role of the platform to help the industry tide over the epidemic difficulties. It is understood that during the epidemic, Qeeka Home continued to improve its platform and made significant concessions to support the installed enterprises, while further deepening the digital empowerment of them, from marketing, orders, design, supply chain management, site management and other processes to enhance the installed enterprises' digital service capabilities and anti-risk capabilities, effectively promoting the recovery of the industry and the digital process of the industry.

According to its financial report, in the first half of 2020, the number of IDC service providers stationed on the Qeeka Home platform grew from 11,042 in the same period last year to 13,624, up 23.4% year-on-year. At the same time, a large number of users have also accelerated their migration from offline to the Qeeka Home platform, with the number of monthly independent visitors to Qijia.com in the first half of the year increasing by 9.1% year-on-year to break through to 60.1 million, and the number of recommended users increasing by 14.1% year-on-year to 257,801, further enhancing the head effect of the Qeeka Home platform. The award of "2019-2020 Top 10 Preferred Internet Home Services Platform" is another affirmation from the industry and users.

For consumer users, during the epidemic, Qeeka Home launched an exclusive user survey and adjusted platform services and merchant enablement initiatives accordingly to further optimize the consumer experience. According to reports, in the first half of 2020, Qeeka Home added home improvement content sharing in the form of streaming media on the PC and App side to enhance users' stickiness to the platform with quality content, and provided users with contactless services such as live selling, online order signing, live video sample room display, real-time video monitoring of site progress, etc., which won praise from users, and as a result, growth was achieved.