CWNewsBreaks Archive - Page 14 of 21

FridayJul 16, 2021 9:49 am

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Releases Financial Report for Q1 2021

FingerMotion (OTCQX: FNGR), a mobile services and data company, has reported its financial results for the first quarter 2021, ended May 31, 2021, and filed the full report with the U.S. Securities and Exchange Commission. Key highlights of the report include record quarterly revenue totaling $6 million, including the company’s SMS & MMS texting service, telecommunications products and services, and big data business; 77% quarterly growth in the SMS & MMS business revenue, which reached $1.81 million; and growth of more than 300% in the company’s telecommunications products and services business, which totaled $1.34 million. The company’s big data business…

MondayJul 12, 2021 12:07 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Eyes Bright Future in Big Data Insights

FingerMotion (OTCQX: FNGR) is anticipating significant growth in mobile service sales during the coming year. “The company’s focus on rich communication services (‘RCS’) and data insights in China’s huge marketplace for mobile products has positioned the U.S.-based company for growth in the insuratech industry, particularly, where it anticipates acquiring service for more than a billion customers in the Southeast Asian Nation,” reads a recent article. The company is leveraging partnerships to build a communications ecosystem of active users of its innovative applications and expects to develop access to users’ data to strengthen its Sapientus database IP. Sapientus has already led…

FridayJul 09, 2021 10:54 am

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Delivering SaaS Solutions to Mid-to-Large and SME Enterprises

Infobird (NASDAQ: IFBD), a business-to-business (“B2B”) artificial intelligence (“AI”) solutions company, is empowering companies in China to customer experience leadership, as the recently announced cooperative partnership with SaSa Cosmetics (China) Co. Ltd. demonstrates. “The partnership, geared towards delivering better customer service and marketing capabilities, will help SaSa optimize its marketing and customer engagement models,” explains a recent article. The partnership also signals the acceptance of Infobird’s standardized SaaS products by the retail industry and large enterprises, given SaSa’s parent company is an influential cosmetics retail and beauty service group in Asia. “By shifting from customized SaaS modules to standardized SaaS…

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 3:30 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Leverages Expansion Resolve, Telecom Partnerships to Build Platform

FingerMotion (OTCQX: FNGR) recently released its financial results for the fiscal year ended February 28, 2021, posting “its highest revenue and year-over-year revenue growth thus far.” According to a recent article, the company’s revenue grew by 82% from the previous financial year 2020, reaching $16.68 million. FNGR’s SMS and MMS segment posted business revenue of $6.13 million for the 2021 fiscal year, an 84% growth from the year before. Its gross profit increased by 71%. The company’s overall growth for the 2021 financial year reflected $2.11 million in positive shareholders’ equity. The article continues, “The 2021 impressive fiscal performance was…

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…

MondayJun 28, 2021 12:39 pm

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Looks Set to Capture Lion’s Share of China’s SaaS Market

Infobird (NASDAQ: IFBD), a business-to-business (“B2B”) artificial intelligence (“AI”) solutions company, recently pivoted to standardized software-as-a-service (“SaaS”) modules, which are already proving valuable by helping both small-to-medium and mid-to-large enterprises generate more business opportunities. The modules are also fast and easy to roll out, meaning quick scalability is now possible. With the standardization now in place, IFBD appears to have struck a balance and is therefore in a position to emerge as the next industry leader. “Infobird intends to use its already developed standardized SaaS modules and its proprietary no-code development platform to more readily create new SaaS modules with…

FridayJun 25, 2021 1:49 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Keen on Expanding User Base to Over 1 Billion

FingerMotion (OTCQX: FNGR) is a mobile payment and recharge platform serving markets in China, evolving rapidly by using core competencies. With offices in Hong Kong, Shanghai and New York, it has strategic alliances with the largest Chinese telecommunications names, meaning it has access to collect behavior insights through geolocation and mobile data usage. These insights offer data-driven solutions to clients who can, in turn, make wise decisions and create value based on the data provided. “Recently, Sapientus [FNGR’s data insights platform] entered into a services agreement with Pacific Life Re, a global life reinsurer offering a host of products and…

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,…

FridayJun 18, 2021 1:39 pm

ChineseNewsBreaks – FingerMotion Inc.’s (FNGR) PIS Platform Capable of Handling Large Transaction Volumes at 99.7% Completion Rate

FingerMotion (OTCQX: FNGR) has continually differentiated its business units from competitors by developing and improving its technological systems. For instance, through its Telecommunication Products & Services (“TPS”) division, FNGR developed a proprietary universal exchange platform, PigeonHoles Integration System (“PIS”), that allows consumers to top up and recharge, purchase mobile phones and data plans, redeem loyalty points, and fulfill subscription plans. The platform also facilitates real-time reconciliation, efficient settlements and simple integration for partners. A recent article reads, “Shen [FNGR CEO] further described how FingerMotion cemented its relationship with its telecom partners in a multistep process whose initial stages entailed collaborating…

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