Yu 'ebao used to have peaks and valleys The company's chief executive and chairman Venkat Meenavalli media interview said: "the ultra high current market valuation is not reasonable and not real, we put the ipo pricing valuation for $5 is a very good description." But he emphasised: "we are a profitable company that has nothing to do with the current digital currency frenzy. Longfin has grown at a rapid rate of 200 per cent over the past six months and earned a profit of $28m. Planning is so important for the success of the transaction that it is necessary to use a hypothetical example to further illustrate. Not only can consumers have more choices in the price, variety and service of commodities, but also make it better for enterprises to purchase production factors and sales products.