CWNewsBreaks Archive - Page 16 of 19

FridayApr 30, 2021 1:09 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Looking to be ‘Most Disruptive Technology in Insurance Today’

FingerMotion (OTCQX: FNGR) has set sights on offering big data insights to other insurance companies in China, following a similar partnership with Pacific Life Re-insurance announced in January. The collaboration, which put FNGR on track to monetize its big data asset, Sapientus, effectively ushered the company into the insuratech industry. With the insurance industry in China expected to grow in the next decade to become the largest suchlike market in the world, FNGR has positioned itself to offer solutions and benefit as a result. A recent article quotes CEO Michael Shen as saying, “We believe other re-insurance companies will look…

FridayApr 30, 2021 11:00 am

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Launches AR+ Series Curriculum Through Urban Partnership Model

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that its subsidiary Fujian Zhongqing Hand in Hand Education Technology Co., Ltd. ("Zhongqing") signed a three-year "Augmented Reality Plus" or "AR+" series curriculum cooperation agreement with qualified "urban partnerships" in five different cities at the recently concluded China Education Equipment Exhibition. The five urban partnership cities are: Quanzhou in Fujian Province, Huizhou in Guangdong Province, Danzhou in Hainan Province, Fuzhou in Jiangxi Province, and Yinchuan in the Ningxia Hui Autonomous Region. "We…

ThursdayApr 29, 2021 12:48 pm

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Rail Vision Files Draft Prospectus for IPO

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its affiliate, Rail Vision Ltd., filed a nonpublic draft prospectus for an initial public offering and registration for trade of its securities on the Tel Aviv Stock Exchange Ltd. According to the update, Rail Vision filed the draft prospectus with the Tel Aviv Stock Exchange and Israeli Securities Authority on April 25, 2021. Rail Vision informed Foresight that it simultaneously intends to test the prevailing Israeli capital market conditions towards a possible public offering. However, Rail Vision has not yet finalized any decision on…

WednesdayApr 28, 2021 2:36 pm

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Delivers Value-Driven SaaS Solutions to Growing Client Base

Infobird (NASDAQ: IFBD), a leading software-as-a-service (“SaaS”) company, has built a reputation over the last decade as a premier provider of artificial intelligence (“AI”) powered customer engagement solutions in China. “Utilizing a self-developed cloud computing structure, patented AI technologies and a no-code development platform, Infobird delivers comprehensive solutions that maximize value for its clients,” reads a recent article discussing the company. “Infobird’s value-driven SaaS business solutions are designed to increase revenue, reduce costs, improve quality of service, and enhance customer satisfaction. The efficacy and value of Infobird’s offerings is evidenced by its quickly growing client base of over 10,000 paid…

WednesdayApr 28, 2021 11:54 am

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces Excellent Performance of Csfctech’s Core Products Since Acquisition

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced preliminary revenue contributed by its subsidiary, Fuzhou Csfctech Co. Ltd. ("Csfctech"), of RMB23.0 million (approximately US$3.53 million) year-to-date, which has grown steadily since the acquisition closed. "We are pleased to see the excellent performance of Csfctech's core products since the acquisition in late 2020, with solid growth in customer base and revenue that has been supported by increased demand in the overall gaming sector," said Xiaodong Chen, CEO of Blue Hat. "Csfctech's…

FridayApr 23, 2021 9:42 am

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Closes on $25M Initial Public Offering

Infobird Software (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of artificial intelligence (“AI”)-powered customer engagement solutions in China, has closed on its previously announced underwritten initial public offering. The offering, which consisted of 6,250,000 ordinary shares offered at $4 per share, resulted in gross proceeds for the company of $25 million before typical fees and offering expenses. In the announcement, Infobird noted that the ordinary shares were approved for listing on the Nasdaq Capital Market and began trading on April 20, 2021, under the ticker symbol IFBD. The company also announced that it has granted the underwriters a 45-day option to…

ThursdayApr 22, 2021 1:37 pm

ChineseNewsBreaks – FingerMotion Inc. (FNGR) Eyes Building Strong Forays into Insurtech Space

FingerMotion (OTCQX: FNGR) is pursuing the enormous, rapidly growing market for smart solutions in China. The company’s offerings are divided between telecommunications products and services, texting applications with short message service (“SMS”) and multimedia messaging service (“MMS”), big data insights and rich communication services (“RCS”). FingerMotion’s database-driven big data analytics service led to a strategic agreement with Pacific Life. The agreement opens doors for FingerMotion while at the same time assisting Pacific Life enhance its insurance solutions and develop predictive information regarding its clients. “We look to build strong forays into the insurtech space,” said FingerMotion’s CEO Martin Shen in…

ThursdayApr 22, 2021 10:02 am

ChineseNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Announces Annual Report Has Been Filed with SEC

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has filed its annual financial and business report. The report covers fiscal year 2020, the period ended on Dec. 31, 2020. The company, which connects worldwide marketers with audiences throughout China, filed the report on Form 20 with the U.S. Securities and Exchange Commission ("SEC"). The report, which was filed on April 21, 2021, includes ICLK’s audited consolidated financial statements; the FY 2020 report is also available on the company’s investment relations website. To view the full report, visit https://ibn.fm/W9HY4 To view the full…

WednesdayApr 21, 2021 3:17 pm

ChineseNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Offers Next-Gen Digitalized Customer Engagement Expertise

Infobird Software (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, offers holistic software solutions to support its growing corporate clientele deliver and manage customer engagement activities from beginning to end of the sales process; the company’s services even extend beyond to pre-sales and post-sales client support and involvement. Infobird combines its proprietary cloud computer structure with patented Voice over Internet Protocol (“VoIP”) and AI and machine learning capabilities as well as a no-code development platform for a flagship customer engagement offering unlike anything else in the industry. The company’s compelling customer engagement services include a…

WednesdayApr 21, 2021 2:50 pm

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces Initial Results of Cooperation with China’s Top Mobile Operators

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that its controlling subsidiary Xunpusen (Xiamen) Technology Co. Ltd. has achieved total transaction volume of RMB31 million (approximately US$4.77 million) in direct deals with China's top three mobile operators. "We are pleased with the initial results of our cooperation with China's top three mobile operators following our strategic deployment of Xunpusen," said Xiaodong Chen, CEO of Blue Hat. "The InternetPlus model of value-added services under data collection and operation creates favorable conditions…

ChineseWire provides insights and opportunities in Chinese companies.

Contact us: (512) 354-7000

ChineseNewsBreaks