CWNewsBreaks Archive - Page 16 of 22

TuesdayJun 08, 2021 2:15 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Exclusively Positioned in China’s Big Data Space

FingerMotion (OTCQX: FNGR), an evolving communications and insurance tech company, expects to launch its rich communications services (“RCS”) and big data insights divisions this year. The launches “are expected to elevate it to as-yet-unseen revenue levels thanks to its exclusive positioning in regard to analyzing big data in China,” reads a recent article. “FingerMotion is the only company with a license to legally mine and analyze the mobile data of telecommunication giants China Unicom and China Mobile customers, which represents over 1.1 billion phones.” Already, FNGR’s relationship with the telecommunication juggernauts has proven beneficial, especially because mobile products are likely…

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%…

WednesdayMay 26, 2021 1:35 pm

ChineseNewsBreaks – Infobird Software Co. Ltd.’s (NASDAQ: IFBD) Smart Solutions Enable Companies to Focus on Key Operations

Infobird (NASDAQ: IFBD), a business-to-business (“B2B”) artificial intelligence (“AI”) solutions company, is building next-level operations in the field of AI-driven customer engagement. Infobird has built a solid reputation as a premier provider of customer engagement software-as-a-service (“SaaS”) solutions in China, leveraging automated and smart capabilities to maximize value for its clients. “The company’s self-developed cloud-native architecture and patented AI technologies, for example, work with a no-code development platform,” reads a recent article. This structure “allows enterprise-building companies to focus on managing their operations as they know best, while relying on the technological expertise of application builders for only the most…

TuesdayMay 25, 2021 2:36 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Strengthening Partnerships with China Telecom Giants

FingerMotion (OTCQX: FNGR), an evolving technology company, is one of only a handful of companies in China with access to wholesale rechargeable minutes from China’s largest mobile phone providers — China Mobile, China Telecom and China Unicom — that can be resold to consumers. By constantly evolving its core competencies in mobile payment and recharge platform solutions in mainland China, FNGR has positioned itself to capitalize on the growth of the telecom market and its relationships with telecommunication companies. According to a recent article, FNGR “is currently working to strengthen the existing and strategic partnerships it has with Chinese telecommunication…

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…

MondayMay 17, 2021 12:37 pm

ChineseNewsBreaks – Infobird Co. Ltd. (NASDAQ: IFBD) Files FY 2020 Annual Report

Infobird (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, has released its annual report for the fiscal year ended Dec. 31, 2020; the company announced that it has filed the report with the U.S. Securities and Exchange Commission (“SEC”). Key figures of the report includes total revenues for FY 2020 reaching an estimated $14.5 million, a decrease from 2019, which the company noted was primarily due to the negative impact of the COVID-19 pandemic and one of the company’s major customers adjusting its internal telemarketing strategy. However, the report also noted an increase in revenue…

FridayMay 14, 2021 3:04 pm

ChineseNewsBreaks – Infobird Co. Ltd.’s (NASDAQ: IFBD) New SaaS Model Designed to Expand Customer Base, Capture More Market Share

Infobird (NASDAQ: IFBD), a leading artificial intelligence (“AI”) software-as-a-service (“SaaS”) provider is positioned for opportunity amid a wave of digital transformation sweeping across China. In the last two decades, the company has gleaned tremendous experience and achieved significant technological advances and service capabilities while providing customized SaaS products to some of China’s largest and most demanding financial institutions. With that solid foundation in place, Infobird recently implemented a strategic transition to standardized module SaaS with the intent to expand its customer base and quickly capture additional market share. “Standardized module SaaS has the characteristics of fast scale up and low…

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