Xueqiu, a go-to place for both Chinese finance experts and amateurs, has migrated its market system to Tair (Enterprise Edition). The system can handle tens of millions of queries per second (QPS). This helps Xueqiu reduce database costs by more than 50%.
Customer remarks
"We seek to optimize and simplify the system architecture to reduce O&M costs. Tair uses Persistent Memory (PMEM) and makes scaling easier. This helps us navigate surges in memory demand and spares our software engineers staying up late for data migration." - Business Director, Xueqiu
Customer profile
Xueqiu is an online wealth management platform that has more than 43 million users. It offers a wide range of content and data and a trading system that spans markets and product categories like A-shares, Hong Kong stocks, US stocks, public funds, and private funds. On a daily basis, Xueqiu sees millions of users participating in community discussions, querying data across markets and product categories, subscribing to and creating content, and placing trading orders.
Challenges
The market system of Xueqiu is prone to encounter high-concurrency queries, which poses significant challenges for the backend database. To offer a better user experience, Xueqiu chooses Tair (Enterprise Edition) to facilitate its journey to cloud.
Solutions
Xueqiu chooses Tair (Enterprise Edition) instead of Redis Open-Source Edition. Tair has the following features:
Out-of-the-box capabilities.
Configuration change and prediction-based auto scaling. In the past, the engineering team of Xueqiu performed scale-up operations during off-peak hours such as early mornings on weekends. During this process, engineers must modify code and compare data, which is labor-intensive and time-consuming. Tair provides out-of-the-box auto scaling capabilities that enable online changes to instance capacity and architecture.
Benefits
Tair meets the requirements of Xueqiu for a high-concurrency, low-latency business system at reduced costs. Additionally, Tair relieves Xueqiu of issues such as high costs, inconvenient scaling, and difficult database O&M.
Tair helps Xueqiu reduce database costs by more than 50%.
Tair helps Xueqiu minimize labor costs of database O&M.
Tair provides prediction-based auto scaling that helps Xueqiu respond to business changes with ease.