NewsRoom Articles - Page 12 of 14

FridayApr 16, 2021 11:45 am

FingerMotion Inc. (FNGR) on Track to Monetize its Big Data Asset

FingerMotion Inc. is made up of four business units, including a big-data insights (Sapientus) division Sapientus is poised to be the company’s leading revenue generator, alongside the rich communication services division FingerMotion partnered with Pacific Life Re-insurance, ushering it into the insuratech industry wherein it can monetize its big-data asset with a sellable product MarketsandMarkets projects that the global big-data market size will grow to $229.4 billion by 2025, up from an estimated $138.9 billion in 2020. At a CAGR of 10.6%, this growth is driven by such factors as the increasing availability of data across organizations, knowledge of Internet…

TuesdayApr 13, 2021 2:04 pm

FingerMotion Inc. (FNGR) Reports Ongoing Revenue Records and Efforts to Build Mobile Services in China

U.S.-based FingerMotion is a communications insurtech services company experiencing steady growth as it rolls out novel mobile solutions for its China-centric clients FingerMotion reported record revenues of $4.88 million for Q3 and nine months’ revenues of $11.25 million, with year-end reporting expected by the end of May The company is rapidly building a highly engaged user base for its texting and e-commerce solutions, aiming to use its success to launch into even larger user bases FingerMotion’s Sapientus division has developed a powerful predictive database for consumer profiles that the company is using to attract B2B clients Evolving communications and insurance…

ThursdayFeb 18, 2021 12:41 pm

Momo (MOMO) Finding Recovery from Pandemic Through Social Media Connectivity

Powerfully diverse Chinese social media and entertainment conglomerate Momo is finding a measure of renewed optimism following a pandemic-delivered economic blow to its businesses during the past year Momo operates social connectivity services, online dating facilitation and TV and radio production interests The company’s social connection streams provide a useful service during the social distancing strictures imposed by governments striving to contain the spread of the COVID-19 virus Momo has seen a positive response to changes in its top leadership during the past year as part of its efforts to redefine its strategy Chinese mobile-based social networking giant Momo Inc.…

TuesdayFeb 09, 2021 9:58 am

Chinese Social Media Powerhouse Momo Inc. (NASDAQ: MOMO) Renews its Drive Amid Pandemic-era Adversity

Chinese mobile-based social and entertainment platform operator Momo is regrouping and revisiting its successes after suffering a pair of adverse conditions resulting from government concerns and pandemic problems Momo has developed a prominent reputation as “China’s Tinder” through its Tantan dating service platform and its Momo streaming video app The company saw some of its top leadership positions change last year in response to declines in revenue and stock value The company has generated some encouraging reports since the start of the year with a brief surge in stock value and forecasts that anticipate it will “retain growth momentum on…

ThursdayFeb 04, 2021 11:33 am

Momo Inc. (NASDAQ: MOMO): Making a Mark in Mobile Connectivity

Momo Inc. a major player in social and entertainment in China – growing globally Nearly $550 Billion in Q3 2020 total revenues Social & Dating app Tantan $107 Billion in Q3 2020 Company announced $300 Million share buy back Momo Inc. (NASDAQ: MOMO) is a leading diversified player in China's burgeoning online social and entertainment space. Formed in 2011, MOMO was listed on the Nasdaq Stock Exchange in 2014 with a vision to leverage the mobile internet to connect people in unique ways. The company generates multi-billions of revenues through various channels such as live video services, value-added services, virtual…

FridayMar 27, 2020 12:46 pm

iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) is “One to Watch”

Largest independent, industry-leading marketing technology company in China Digital advertising solutions reach 98% of China’s internet users Secured more than $30 million in credit facility with HSBC’s GBA+ Technology Fund Financing from Marine Central Ltd., backed by majority shareholder of Forbes Media LLC, will be a catalyst for further high-potential opportunity and synergies Strong balance sheet and working capital management supercharging the growth of marketing solutions Proprietary, award-winning marketing technology transforms data into insight, action and performance Over the first three quarters of 2019, iClick set record high in revenue ($142.7 million) and gross profit ($39.5 million) Core Marketing Solutions…

MondayAug 05, 2019 10:51 am

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Knows that the Toy Business is Not a Game

Blue Hat reported 52 percent revenue growth and 76 percent net income growth for the nine months ended September 30, 2018 The company maintains a vast portfolio of proprietary technologies, patents, artwork copyrights, trademarks and software copyrights Retail sales of toys and games in China surged from RMB111.8 billion in 2012 to RMB276.6 billion in 2017 Global trends and government policies favor further growth The toy industry is not a frivolous pastime. In fact, the toy business offers a wealth of opportunity. The United States is currently the largest segment of global toy sales. However, in terms of growth prospects,…

FridayAug 02, 2019 10:04 am

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Creating Augmented Reality Toys, Games for Youth in China

Retail sales of toys and games in China soared from RMB111.8 billion in 2012 to RMB276.6 billion in 2017, registering an average annual growth rate of nearly 20 percent Favorable Chinese government policies emphasize the research and development of new technologies such as augmented reality (AR) and virtual reality (VR) The global trend toward AR and VR products is expected to increase dramatically from 2018 to 2025, with market value projected to reach $767 billion Blue Hat owns an extensive portfolio of proprietary technologies, patents, artwork copyrights, trademarks and software copyrights Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) is a…

ThursdayAug 01, 2019 11:59 am

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Finalizes Strategic Agreement to Equip Schools with Smart AR Tech

A strategic partnership is expected to enable Blue Hat to modernize classrooms across Guangzhou, China Through the agreement, Blue Hat will begin the development of augmented reality solutions for the education sector VR and AR are prominent in China, where both the government and provincial authorities are encouraging the introduction of technological initiatives in the field of education Chinese augmented reality software developer Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) announced on April 30 the finalization of a strategic agreement with Guangdong Family Periodicals Group. Through the partnership, the two enterprises will work toward the development of innovative educational solutions…

FridayJul 26, 2019 1:15 pm

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) is “One to Watch”

China’s AR industry is estimated at RMB$55 billion in 2020 Favorable Chinese government policies emphasize research and development of new technologies such as AR Few direct competitors in China create exceptional potential for AR application in educational materials and smart toys Total retail sales of toys and games in China soared to RMB$276.5 billion in 2017 with an annual growth rate of 19.9% Shift toward intelligent and interactive toys and games, along with rising disposable income in China, helped retail sales of electronic toys grow 24% while traditional toys grew at 7% in 2017 Extensive portfolio of IR property with…

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