Creating economic opportunity for Chinese professionals with LinkedIn
I've just returned from visiting some of LinkedIn's key partners in China and wanted to share some incredible work our team has done with a $60B company that you may have never heard of: Ant Financial.
Part of Jack Ma's empire, and led by CEO Lucy Peng, Ant Financial is the microfinance titan that includes AliPay (which runs 20x the transaction volume of PayPal), Yu’e Bao (China’s largest online money market fund), and Sesame Credit (China's leading credit services company).
So how does this relate to LinkedIn?
LinkedIn's vision is to create economic opportunity for every member of the global workforce. The fundamental building blocks of LinkedIn are the rich profiles created by our over 430M members, and the connections that represent the professional relationships between our members.
By partnering with Sesame Credit, our members in China are now able to use their LinkedIn profile to improve their access to credit.
Millions of individuals in China have already used their LinkedIn profiles to improve their credit rating with Sesame Credit, literally manifesting our vision of creating economic opportunity at scale.
Kudos to our friends at Sesame Credit as well as the team at LinkedIn China who helped us make this a reality.
I'd love to hear your thoughts on this exciting partnership.
Hi Bob, Very interested to hear how the mechanism works (even an overall view if specifics are proprietary) How do LinkedIn users leverage their profile to improve their Zhima credit rating? Is it primarily based on their work history, number of connections and publications in their field? Thank you Lindsey (LinkedIn fan and financial inclusion project head)