Founded in 2005, Lakala is one of China's pioneering third-party payment companies and was among the first to receive a payment business license from the People's Bank of China (PBOC). The company went public on the Shenzhen Stock Exchange in 2019 (stock code: 300773). Lakala's core business is merchant acquiring, offering a full suite of payment solutions including POS terminals, QR code payments, and online payment gateways. They are dedicated to integrating payment technology with information technology to empower millions of small, medium, and micro-sized businesses across various industries.