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360 Finance Adopts New Revenue Recognition Accounting Standards

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SHANGHAI, China, Jan. 14, 2019--(PRWirePro.com)-- 360 Finance, Inc. (NASDAQ:QFIN) ("360 Finance" or the "Company"), a leading digital consumer finance platform and the finance partner of the 360 Group connecting over one billion accumulated mobile devices, today announced that it has adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606), and all subsequent ASUs that modified ASC 606 in the 4th quarter of 2018 and for the full year of 2018, and have elected to apply it retrospectively for the year ended December 31, 2017, in order to provide more comparable insights of the Company's performance with industry peers. VIEW FULL PRESS RELEASE
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