Armed with over 180 years of experience in operation of credit information services and credit bureaus, Experian manages credit information for more than 1.2 billion consumers and 145 million businesses worldwide.
Experian first set up its base in China in 2005, and in 2006 established strategic partnership with China UnionPay, China’s largest credit card processing organisation. In 2007 it set up Asia-Pacific Analysis and Implementation Center in Shanghai. In 2014 the company also acquired Sinotrust, China’s largest business data and credit service provider which was founded in 1992. In 2018 Experian had more than 200 employees in various offices in Beijing, Shanghai, Guangzhou, Hong Kong and Taiwan.
Experian’s existing clients include top ten banks in China as well as leading enterprises in a wide range of fields such as e-commerce, retail, technology, automotive, hospitality, media, telecommunications, finance, payment and public departments. Experian is among the earliest commercial information service provider in China. 80% of the Fortune Global 500 enterprises in China use different products and services provided by Experian.
Major Milestones:
- Experian China (formerly known as Yibaili China) was founded in 2005.
- Experian Group entered into strategic partnership with Sinotrust in 2007.
- Experian acquired Sinotrust in 2014; the latter’s name was officially changed to Experian Business Information Consulting (Beijing) Co., Ltd.
- Experian launched CSA (credit services on-site survey) system and credit monitoring products in 2016.
- Experian changed the latter’s name to Experian Credit Service (Beijing) Co., Ltd.
- Experian passed the People’s Bank of China’s application review process for the provision of corporate credit services in 2018.