WednesdayJan 18, 2023 10:14 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Q3 2023 Financial Results

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has announced its financial results for the third quarter ended Nov. 30, 2022. Among the highlights, the company reported record quarterly revenue of $11.40 million and a quarterly increase in revenues of 93% compared to Q3 2022. “The Chinese ‘lockdowns’ are over now, but during the quarter they still had an impact on the company's revenue mix,” said Martin Shen, CEO of FingerMotion. “The company managed the quarter by focusing available resources to the top-up business as our corporate SMS customers were not interested in driving traffic to retail establishments that…

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TuesdayDec 27, 2022 1:03 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Looks for Strong Numbers in Upcoming Quarter

FingerMotion (NASDAQ: FNGR), a mobile data and services company, is anticipating more than $10 million in quarter revenues for the period ended Nov. 30, 2022. The company announced that, based on expected revenue growth in its core businesses, the company also projects that 2022 annual revenue will exceed last year’s total. The company explained the projections by noting that, during the past six months, FingerMotion has raised a total of $15.5 million in proceeds from a convertible note private placement and a nonbrokered private placement offering. By Nov. 30, 2022, only a portion of the funds raised was used, leaving…

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TuesdayDec 20, 2022 12:48 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Retention of Third Company in Investigation of Potential Naked Short Selling

FingerMotion (NASDAQ: FNGR), a mobile data and services company, has entered into a service agreement with ShareIntel-Shareholder Intelligence Services. The agreement outlines ShareIntel’s assistance in reviewing the trading history of FingerMotion’s common stock for the past two years as well as tracking trading of the stock moving forward; ShareIntel will assist the Christian Levine Law Group and Warshaw Burstein LLP, which have each already been retained by FingerMotion. According to the announcement, ShareIntel uses DRIL-Down(TM), a patented process that aggregates and analyzes repository data from reporting entities, broker-dealers and shareholders; the process will support FingerMotion in its efforts to proactively track…

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FridayDec 09, 2022 1:14 pm

ChineseNewsBreaks – FingerMotion Inc.’s (NASDAQ: FNGR) JiuGe Technology, Munich Re Collaborate to Drive Commercial Application of Work

FingerMotion (NASDAQ: FNGR), a mobile data and services company, today announced that its subsidiary, Shanghai JiuGe Information Technology Co. Ltd. (“JiuGe Technology”) and Munich Re, a large global reinsurer, have set the stage for extension of their ongoing behavioral research and analytic studies into commercial implementation in the China market. The partner companies, through a proprietary behavior intelligence system developed by “Sapientus,” the analytic innovation development arm of FingerMotion, will bring forward their jointly developed model algorithms and analytic insights for productionized applications and wider market adoption. “We are excited to walk together with Munich Re in driving commercial application…

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MondayNov 28, 2022 11:34 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Participate in Upcoming One-on-One Investor Conference

FingerMotion (NASDAQ: FNGR) CEO Martin Shen is scheduled to participate in one-on-one meetings during the Benchmark Company’s 11th annual Discovery One-on-One Investor Conference. The one-day event is scheduled for Dec. 1, 2022, in New York City. During the conference, Shen will meet with potential investors as well as other interested parties. The conference offers emerging growth and dynamic publicly traded companies access to institutions and individuals in a unique one-on-one format. New York City-based Benchmark Company is an institutionally focused, research-driven, sales-trading and investment-banking company that focuses on fostering the long-term success of its corporate clients. The company accomplishes this…

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TuesdaySep 27, 2022 10:47 am

ChineseNewsBreaks – AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC), New Investor Group Sign $3.67M Equity Investment Agreements

AnPac Bio-Medical Science (NASDAQ: ANPC), a biotechnology company with operations in the United States and China focused on early cancer screening and detection, has entered into legally binding investment agreements with nine institutional and individual investors; the agreements outline an investment in the company of approximately $3.67 million. According to the announcement, the various shares purchase agreements outline plans for a private offering of $3.67 million earmarked to purchase 36.7 million of the company’s Class A shares; the company anticipates that the investment will be complete this month. “This equity investment is important to the company’s operations as well as research and…

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MondaySep 12, 2022 2:18 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Eyes Opportunity Across 4 Key Areas, Untapped Market in China

FingerMotion (NASDAQ: FNGR), a leader in mobile payment and recharge platform solutions in China, has consistently reinvented itself and adjusted to changing customer preferences. “Today, its goal remains to serve over a billion users in China and expand its model to other regional markets. However, its management understands that this will only be achieved by the company adjusting and improving its operations to address the changing market environment and evolving customer needs,” a recent article reads. “With every passing year, FingerMotion has gained experience in the market and from interacting with key partners in various sectors. It continues to leverage…

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WednesdayAug 31, 2022 1:57 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Completes Key Launch in Continued Push to Increase Gross Margins

FingerMotion (NASDAQ: FNGR) recently launched its mobile device protection product, looking to tap into an industry valued at approximately $10.6 billion annually. “While appearing in an interview with the investor media outlet, Proactive, Martin Shen, FingerMotion CEO, reckoned that this device protection program would be integral to accelerating the company’s revenue growth over the next 6-12 months…. Shen noted, ‘We have partnered with a very large NYSE-listed insurance company and are helping them get into the Chinese market as well, and we hope to launch that business very soon… That will really accelerate our revenue over the next 6-12 months,’”…

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WednesdayAug 24, 2022 1:53 pm

ChineseNewsBreaks – FingerMotion Inc.’s (NASDAQ: FNGR) Relationship with China’s Largest Telcos Providing ‘Strong Footing’ in Market

FingerMotion (NASDAQ: FNGR) completed the rollout of a new device protection service in July that CEO Martin Shen has described as an AppleCare-similar platform built directly into the large telco partners’ costs for users’ service plans. “Because of FingerMotion’s symbiotic approach to developing the product with the telcos and the efforts of its underwriting partner, Shen foresees the protection plan as a new revenue driver at relatively low cost to the company for covering broken phone screens, accidental damage repairs and compensation, and older device trade-ins,” a recent article reads. “Now with the massive onset of 5G phones, there’s a…

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FridayAug 19, 2022 3:40 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Customizing Globally Successful Business Models for Unique Needs of Chinese Market

FingerMotion (NASDAQ: FNGR), an evolving technology company, recently partnered to launch mobile device protection products through its subsidiary, Shanghai TengLian Jiujiu Information and Communication Technology Co. Ltd (“TengLian”). “The partnership will see the Chinese carriers [China Unicom and China Mobile] distribute the mobile device protection products as embedded, value-added features bundled with existing voice, device and data subscription plans. Underwritten by a NYSE-listed Fortune 500 insurance company, FingerMotion’s mobile device protection products will offer three tiers of protection: accidental damage to screens, mechanical breakdown and trade-in solutions. This is a departure from the norm in the Chinese mobile device protection…

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