News Archives - Page 10 of 15

TuesdayJul 06, 2021 11:58 am

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Subsidiary to Collaborate with Happy Life Insurance

FingerMotion (OTCQX: FNGR), a mobile services and data company, has entered into a collaboration with Happy Life Insurance through its subsidiary Xunlian Tianxia Technology. The partnership will focus on developing an innovative insurance business model powered by data and designed to deliver a suite of digital insurance solutions for consumers. The collaboration will meet a need in China that has come from an increase in the rate of adoption of online insurance products, which result in new business generation. According to the company, online insurance premiums exceeded 290 billion yuan ($44.8 million) in 2020 last year alone, with growth expected…

ThursdayJul 01, 2021 1:36 pm

ChineseNewsBreaks – ISW Holdings Inc. (ISWH) Closes on First Phase of Georgia Crypto Mining Farm

ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and renewable energy cryptocurrency mining, has finalized a land lease development agreement granting the company full use of a first-phase, seven-acre property in Georgia. The property is designed for cryptocurrency mining operations and includes access to energy resources capable of powering more than 100 MW of cryptocurrency mining capacity. The agreement marks the company’s expansion into hosting mining operations; this first phase consists of more than 20 MW of power being deployed among 20 separate New Generation 1-MW POD5 units. The company also plans to…

ThursdayJun 24, 2021 12:28 pm

ChineseNewsBreaks – Infobird Co. Ltd. (NASDAQ: IFBD) Featured in SmallCapsDaily Article

Infobird (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of artificial intelligence (“AI”) powered customer engagement solutions, was recently featured as a rare, undervalued and profitable SaaS gem. An article by SmallCapsDaily, a leading financial news website and publisher, provides an extensive overview of Infobird's progress as a global leader in the SaaS and cloud computing spaces. With its recent IPO in April 2021, Infobird continues to expand its base in SaaS while diversifying its interest. The company recently announced engagements with two major companies in the footwear and beauty cosmetics retail markets to provide a wide array of services. These include,…

ThursdayJun 10, 2021 1:35 pm

ChineseNewsBreaks – Infobird Co. Ltd. (NASDAQ: IFBD) Selected as Technology Partner by Leading Shoe Manufacturer

Infobird (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions, today announced that Zu Li Jian, the leading shoe company for the elderly in China, has selected Infobird's digital customer engagement solutions to support improvements to customer service, management and marketing. This announcement marks another successful customer award for Infobird's digital customer engagement solutions in the retail industry. Infobird’s solutions will enable Zu Li Jian to view the customer experience across retail operations, support its business transformation and leverage data to drive decision making. “Zu Li Jian has demonstrated their commitment to exceptional customer service through a better…

WednesdayJun 09, 2021 1:25 pm

ChineseNewsBreaks – Infobird Co. Ltd. (NASDAQ: IFBD) Announces Exercise, Closing of Underwriters’ Over-Allotment Option in IPO

Infobird (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, today announced the partial exercise and closing of the underwriters' over-allotment option in connection with its previously announced underwritten initial public offering. According to the update, Infobird secured gross proceeds of $500,000, before underwriting discounts and commissions and offering expenses, through the issuance and sale of an additional 125,000 ordinary shares, each at a public offering price of $4.00. After giving effect to the partial exercise of the underwriters' over-allotment option, the total number of ordinary shares sold by Infobird in the initial public offering was…

MondayJun 07, 2021 10:29 am

ChineseNewsBreaks – Splash Beverage Group Inc. (SBEV) Secures Distribution for Entire Portfolio in World’s Largest Alcoholic Beverages Market

Splash Beverage Group (OTCQB: SBEV), a holding company building a leading portfolio of beverage brands, today announced expansion of its recently signed distribution agreement with China-based American Software Capital (“ASC”) to include its Copa Di Vino and Pulpoloco brands. These are in addition to the previously announced distribution of hydration and recovery brand TapouT Performance and SALT Naturally Flavored Tequila. ASC, a manufacturer and distributor of consumer goods, has robust marketing resources and impactful relationships with chains and outlets throughout Greater China. According to a report from Mersol & Luo, China is the largest market for alcoholic beverages in the…

ThursdayJun 03, 2021 2:42 pm

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Enters into Customer Service, Marketing Agreement to Create New Beauty Retail Experience

Infobird Software (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of innovative AI-powered, or artificial intelligence-enabled, customer engagement solutions in China, has finalized a cooperative agreement with SaSa Cosmetics (China) Co. Ltd. The agreement is designed to deliver enhanced customer service and marketing capabilities, key components of Infobird’s commitment to creating a new experience in beauty retail services. SaSa International Holdings Limited is a leading cosmetics retail and beauty service group in Asia and is one of the larger retail groups in China Hong Kong, with more than 300 physical retail stores and counters located throughout Asia. SaSa carries almost 1,000 well-known…

WednesdayJun 02, 2021 12:09 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Releases Financial Results for FYE 2021

FingerMotion (OTCQX: FNGR), a mobile services and data company, has released its financial results for the fiscal year ending Feb. 28, 2021. A highlight of the report was record annual revenue of $16.68 million, which includes the company’s SMS (“SMS”) & MMS (“MMS”) and telecommunications products and services. That total represents an estimated 82% increase from FYE 2020. Other financial numbers worth noting include annual growth in SMS & MMS business revenue of $6.13 million, or 84% compared to the same period the year before; annual growth in telecommunications products and services business revenue of $1.39 million, or a 76%…

ThursdayMay 20, 2021 3:33 pm

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD), CESTC Partner to Accelerate Development of China’s Digital Economy

Infobird (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, and China Electronic System Technology Co. Ltd. (“CESTC”), a subsidiary of China Electronics Corporation, recently reached an ecological cooperation agreement. According to the update, the two parties will carry out comprehensive and in-depth collaboration in the fields of modern digital cities and credit creation to jointly promote the accelerated development of China’s digital economy. CESTC is a core enterprise in China’s electronic digital and information service industry, as well as a provider of China’s electronic information products and services. Through the partnership, Infobird Software and CESTC…

TuesdayMay 18, 2021 1:52 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Announces Successful Negotiation of Contract with China Mobile Fujian

FingerMotion (OTCQX: FNGR), a mobile data and services company, has entered into a volume-based contract with China Mobile Fujian. The company anticipates that the contract will show an approximate 30% improvement in gross margin on its SMS business. FingerMotion, along with its subsidiary, JiuGe, has been working for years on this collaboration, with the end result of offering high-quality service to the end user. China Mobile Fujian currently has an estimated 70% of the market in the province of Fujian, which is approximately 30 million or more online subscribers. The agreement represents FingerMotion’s commitment to continuously enhancing its platform, resulting…

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