OneConnect Financial Technology (OCFT) has released an update.
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OneConnect Financial Technology reported a narrowed net loss in the third quarter of 2024, thanks to effective expense control and a focus on overseas market expansion. Despite a drop in total revenue, the company saw a significant 23.4% increase in revenue from third-party overseas customers, highlighting its success in gaining global recognition. The firm’s strategic focus on AI technologies and operational efficiency aims to achieve mid-term profitability.
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