Hidden Dragon Flexible Staffing Tax and Finance Market
CategoryNews Briefs
Cloud Account pivoted from P2P in 2017. Since its early project clients were government and state-owned enterprises, it built strong government relations that provided a solid foundation for its tax and finance transformation. Leveraging this, it entered the flexible employment market just as the internet boom (individual creators, self-media) drove a surge in flexible workers—and the pandemic further expanded this group (Taobao affiliates, media platforms, ride-hailing drivers, food delivery riders, totaling nearly 100 million taxpayers). With dedicated support from the Tianjin municipal government, it reached over RMB 100 billion in revenue in just about seven years.