SOS Ltd. Announces the Sale of its P2P Business and its Focus on Becoming a Leading Health and Emergency Services Company in China
QINGDAO, China, Aug. 11, 2020 /PRNewswire/ -- SOS Limited, (NYSE: SOS) (formerly China Rapid Finance Limited, the "Company") today announced it has completed the disposition of its legacy P2P business after the satisfaction or waiver of all closing conditions. Proceeds from the disposition is to be used for working capital and general corporate purposes.