News Archives - Page 2 of 13

WednesdayOct 16, 2024 1:13 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Q2 2025 Results

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has announced its financial results for the second quarter of fiscal 2025 for the period ended Aug. 31, 2024. Among the highlights, the company reported quarterly revenue of $8.46 million (including telecommunications products and services, SMS and MMS business, and command and communication), a decrease of $0.82 million or 9% compared to Q2 of fiscal 2024. “While Q2 2025 presented challenges for our company, we are encouraged by the continued growth in our Cloud business segment,” said Martin Shen, CEO of FingerMotion. “Although our overall gross margin decreased compared to Q2…

WednesdaySep 25, 2024 1:04 pm

ChineseNewsBreaks – Haoxi Health Technology Ltd. (NASDAQ: HAO) Secures $12 Million in Follow-on Public Offering

Haoxi Health Technology Ltd. (NASDAQ: HAO), a Beijing-based online marketing solution provider, recently announced the successful closing of its $12 million underwritten follow-on public offering. The offering consisted of 4,000,000 units priced at $3.00 per unit, each comprising Class A Ordinary Shares and Series A and B Warrants. EF Hutton LLC acted as the sole bookrunner and has been granted an option to purchase up to an additional 600,000 units to cover over-allotments. The proceeds will support the company’s expansion and technological investments in the healthcare sector. To view the full press release, visit https://ibn.fm/J1C3w About Haoxi Health Technology Ltd.…

MondayAug 19, 2024 2:34 pm

ChineseNewsBreaks – FingerMotion Inc.’s (NASDAQ: FNGR) Exclusive C2 Platform Receives National Certification from MIIT

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting that its Advanced Mobile Integrated Command and Communication(“C2”) Platform has been awarded national certification from China's Ministry of Industry and Information Technology (“MIIT”). According to the announcement, the proprietary platform, which was developed by FingerMotion’s contractually controlled subsidiary, Shanghai JuiGe Information Technology Co. Ltd., is integrated with the Maxus vehicles produced by SAIC Motor Corporation Limited. “We are proud to receive this certification from the Ministry of Industry and Information Technology,” said FingerMotion CEO Martin Shen in the press release. “This national certification from MIIT confirms the platform's quality,…

TuesdayJul 09, 2024 2:53 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Subsidiary Debuts Emergency Response Management Platform

FingerMotion (NASDAQ: FNGR), a mobile services and data company, through its contractually controlled subsidiary, Shanghai JuiGe Information Technology Co. Ltd. is offering advanced solutions for nationwide emergency response management. According to the announcement, the company is developing solutions specifically for collaboration with dispatchers, first responders and healthcare agencies during emergency situations in China. Furthermore, the company has received an initial order for the solution, the Advanced Mobile Integrated Command and Communication Platform, which will be installed in vehicles and apparatuses connected to the China’s civil emergency crisis program. Company officials noted that this first contract reflected the trust that industry…

ThursdayMay 30, 2024 3:39 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Financial Report for FY 2024

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting its financial results for FY 2024, the yearlong period ended Feb. 29, 2024. Numbers worth noting from the report show annual revenue of $35.79 million, a 5% increase over FY 2023; year-over-year annual growth of $5.78 million in Telecommunications Products & Services business revenue, a 21% increase over FY 2023; an annual decline in year-over-year revenue in SMS & MMS business revenue and Big Data revenue, which totaled $3.94 million and $0.11 million respectively; and gross profits of $3.86 million, a $1.54 million increase over 2023 FY numbers. In…

WednesdayApr 17, 2024 3:45 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Agreements to Add Charging Terminal Access for Users of Growing Da Ge App

FingerMotion (NASDAQ: FNGR), a mobile services and data company, through its contractually controlled entity, Shanghai JiuGe Information Technology Co. Ltd., is facilitating the expanded use of the Da Ge app. According to the announcement, the company is entering into arrangements with certain electric vehicle ("EV") charging station providers in China that will allow owners of electric vehicles who have subscribed to the Da Ge app to locate and charge their cars. The arrangements are with Jiangsu YKC and Shanghai Anyo Charging Technology Co. Ltd, which operates more than 400,000 charging terminals for electric vehicles. According to the announcement, the Da…

WednesdayApr 17, 2024 3:32 pm

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Paving Way for Safer, More Efficient Autonomous Vehicles in Japan

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision solutions, today announced its receipt of a notice of allowance from the Japan Patent Office for its patent application, number 2020-557022, for the company’s “multi-spectral vehicular system for providing pre-collision alerts.” The patented technology combines data from pairs of stereoscopic infrared sensors and stereoscopic visible-light sensors through an advanced fusion module that enables precise obstacle detection and distance estimation. “We believe that the patent approval in Japan is a significant advancement for Foresight, paving the way for safer and more efficient autonomous vehicles in a country known for…

WednesdayApr 03, 2024 1:04 pm

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), Partner Installing Breakthrough Tech in Leading Defense Customer

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, is partnering with Elbit Systems Ltd. to commercially deploy FRSX’s cutting-edge software solution to a key customer in the defense industry; plans call for the technology to be installed in fully autonomous defense vehicles. According to the announcement, this agreement is the first time Foresight’s 3D image processing software will be commercially licensed to one of Elbit's end customers. The Israeli Ministry of Defense has recognized Foresight’s proprietary software as a breakthrough technology. The company noted that its solution will be available to Elbit’s end customers as…

MondayMar 25, 2024 3:32 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Issues Capybara Research Litigation Update

FingerMotion (NASDAQ: FNGR), on Oct. 19, 2023, announced that it filed a federal lawsuit in the United States District Court for the Southern District of New York, FingerMotion, Inc., v. Capybara Research et. al. The case was against defendant Capybara Research, alleging claims for securities fraud, tortious interference with prospective business expectancy and defamation in connection with a defamatory article maliciously published to its website and X account in a premeditated attempt to decrease FingerMotion’s share price and financially benefit from its previously disclosed short position. On Jan. 16, 2024, the company amended its complaint to add claims against Accretive…

ThursdayMar 21, 2024 1:49 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR), CEO Recognized at FiNext Conference with Excellence in Finance Awards

FingerMotion (NASDAQ: FNGR), a mobile services and data company, and CEO Martin J. Shen, received recognition at the recent FiNext Conference. At the conference, which was held in Dubai on Feb. 28–29, 2024, FingerMotion and Shen both received awards. Shen was awarded the Excellence in Finance — Leaders Award, and the company was awarded the Excellence in Finance — Companies Award. The Excellence in Finance — Companies Award recognizes organizations that have demonstrated exceptional performance, innovation and impact within the finance and fintech sector, while the Excellence in Finance — Leaders Award spotlights individuals who have exhibited exemplary leadership, vision…

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