ChineseWire Archives - InvestorWire (IW)

Monday Sep 19, 2022 - 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Benefitting From Recurring Revenue Streams from the Top-Up Business, Expands its Product Line

Martin Shen, FingerMotion’s CEO, acknowledged the solid and resilient performance of the company’s Top Up business, noting how the recurring revenue streams from it have created a solid foundation on which to expand its product lineThis expansion has seen the introduction of FingerMotion’s latest offering, a device protection insurance product for mobile phones. The company is looking to hit the milestone of one million devices…

Wednesday Sep 14, 2022 - 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Upgrades to Sapientus Analytics Division Hone in on Tech Tool Trends in China

FingerMotion is an Nasdaq-traded company making inroads among China’s huge tech-hungry population with mobile services and big data analytics for commercial operationsFingerMotion recently announced upgrades to its Sapientus division, which is currently focused on providing the insurance industry with consumer analytics in an economy that is still developing standards far or evaluating risk ratingsAmid the upgrades, Sapientus also secured a renewed agreement with global reinsurance…

Monday Sep 12, 2022 - 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Taking Advantage of 5G’s Proliferation in China to Grow Market Share

FingerMotion launched its mobile device protection service on July 15, 2022, banking on the transition to and the proliferation of 5G within the Chinese marketWith the Chinese government targeting over 2 million 5G base stations by the end of the 2022 calendar year, FingerMotion is counting on consumers’ switch from 3G and 4G phones to 5G to grow its new product and market share as…

Wednesday Sep 07, 2022 - 9:00 am

FingerMotion Inc. (NASDAQ: FNGR) Benefitting From a First-Mover Advantage, and Relationships Forged in the Chinese Market

Martin Shen, FingerMotion’s CEO, noted the company’s shift in focus to pushing gross margins higher for the 2022 calendar yearThis has shaped the company’s initiatives that have seen the addition of the mobile device protection service for the Chinese marketSince launching the service, FingerMotion has received $4 million in funding from Lind Global Fund II, LP, and is confident that this investment will yield the…

Monday Aug 22, 2022 - 9:45 am

$4M Investment Provides Capital Injection for FingerMotion Inc. (NASDAQ: FNGR) Mobile Device Protection Strategy in China

New York-based institutional fund manager The Lind Partners has reached an investment agreement with mobile device technology innovator FingerMotion Inc. to provide FingerMotion $4 million that will advance its initiativesFingerMotion is focused on varied initiatives for serving China’s massive mobile device user market, its top priority being the rollout of an AppleCare-similar device protection plan the company expects to be popular with usersCompany CEO Martin…

Monday Aug 15, 2022 - 9:30 am

FingerMotion Inc. (NASDAQ: FNGR), A Company Evolving With the Times

FingerMotion has evolved with the developing need for advanced telecommunications products and services, from SMS and MMS services, to big data insights, and RCS, starting with a focus on ChinaIts latest addition, the device protection program, looks to tap into the $10.6 billion Chinese market, with over 1.2 billion mobile phone users, most of whom do not have access to a device protection planThe mobile…

Wednesday Aug 10, 2022 - 9:00 am

FingerMotion Inc. (NASDAQ: FNGR) Banking on Device Protection Program and Partnerships to Accelerate Revenue Growth Over the Next 6-12 Months

FingerMotion’s launch of the mobile device protection product in the Chinese market looks to tap into an industry valued at approximately $10.6 billion annuallyThe company has also partnered with an NYSE-listed insurance company looking to venture into the Chinese market and is confident that this, together with the product launch, will accelerate its revenue growth over the next 6-12 monthsIts management is also optimistic that…

Monday Aug 08, 2022 - 9:00 am

FingerMotion Inc. (NASDAQ: FNGR) Making the Most of Massive Cell Phone Services Opportunities in Chinese Market

China has long been a telecommunications juggernaut market thanks to its nearly 1.5 billion population and the popularity of using multiple mobile devices among its peopleU.S.-based communications technology services provider FingerMotion has focused on delivering a variety of telecommunications services to the Chinese market, ranging from SMS texting to big data analysis FingerMotion recently reported important quarterly revenues from its operation despite a new series of…

Wednesday Aug 03, 2022 - 9:45 am

FingerMotion Inc. (NASDAQ: FNGR) Maintaining Upward Pressure on Gross Margins Despite Slow Start to the 2023 Financial Year

In June of this year, FingerMotion posted a 37% YOY revenue growth for its total annual revenue for 2022 In the just-released Q1 2023 financial results, the company posted $4.86 million in revenue, a drop from $6 million in Q1 2022, revealing lingering lockdown effectsDespite the recent lockdown related financial pressures, Mr. Shen has expressed confidence that, as China returns to pre-pandemic levels, growth will reboundMr.…

Monday Aug 01, 2022 - 9:00 am

FingerMotion Inc. (NASDAQ: FNGR) Partners to Facilitate Innovation with Launch of Mobile Device Protection Products

FingerMotion is an evolving technology company that aims to improve people’s lifestyles through technology and innovative products and servicesThe company recently launched mobile device protection products in partnership with a Fortune 500 insurance company and major Chinese telcosThe products will offer three tiers of protection: accidental damage to screens, mechanical breakdown, and trade-in solutionsFingerMotion has taken a strategic approach to launching the products as it…

Monday Jul 18, 2022 - 12:00 pm

FingerMotion Inc. (NASDAQ: FNGR) CEO Sees Optimism in Company’s Revenue Growth, Plans for New Mobile Tech Services in China Market

FingerMotion, a U.S.-based communications technology services provider focused on the massive potential of China’s 1.4 billion mobile device user market, reported revenue growth of 37 percent YOY to $22.93 million in its most recent annual financial reportCompany CEO Martin Shen expressed “cautious optimism” that FingerMotion can maintain its momentum, in part because of a ready-to-launch mobile device protection plan similar to AppleCare that the company…

Wednesday Jul 13, 2022 - 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Optimizing its Product Mix and Exploring New Opportunities in Huge and Growing Chinese Market

FingerMotion posted a 37% YOY revenue growth for the 2021 financial yearThe company’s Telecommunications Products and Services category posted the highest growth at 170%The company looks to build on this performance by capitalizing on the opportunities within China and, more specifically, the mobile payment and mobile recharge platform solutions market Its successful strategy is based upon pushing gross margins by offering new products and services and…

Friday Jul 08, 2022 - 10:30 am

US-based Telco Services Provider FingerMotion Inc. (NASDAQ: FNGR) Focuses on Huge China Mobile User Opportunity Amid Changes in Global Market

FingerMotion is a U.S.-based mobile communications technology services provider that is focused on the particular opportunities found in China’s world-leading population and enormous mobile user baseThe company has been building on collaborations with the nation’s largest telecommunications businesses, as shown by its recent work with state-owned China Mobile to build mobile services in the Fujian provinceFingerMotion has also been directing its big data operations through…

Wednesday Jul 06, 2022 - 9:45 am

Mobile Tech Services Provider FingerMotion Inc. (NASDAQ: FNGR) Strengthening Revenues With China’s Expanding User Base

U.S.-based mobile communications technology services provider FingerMotion is a China-focused innovator building revenues in the cell phone and reinsurance marketsChina recently reinforced its interest in seeing mobile payments and financial technology platforms playing a larger part in its developing economic strategy for strengthening its internal domestic consumerismFingerMotion recently reported annual financial data that showed revenue had grown by 37 percent during last year with 297…

Wednesday Jun 22, 2022 - 9:45 am

FingerMotion Inc. (NASDAQ: FNGR) Posts a 37% YOY Revenue Growth for the 2022 Financial Year; Seeks to Keep Pushing Gross Margins Higher in the Current Fiscal Year

FingerMotion just announced a 37% annual revenue growth from $6.24 million in 2021 to $22.93 million for the 2022 financial yearBig Data posted the most significant growth at 297%, followed by Telecommunications Products & Services at 170% and SMS & MMS at 5%The company looks to keep pushing gross margins higher by leveraging the optimization of its product offerings FingerMotion (NASDAQ: FNGR) just released its…

Monday Jan 31, 2022 - 2:09 pm

FingerMotion Inc. (NASDAQ: FNGR) Marks a 21% Year-Over-Year Growth in Revenue for Q3 2022; Anticipates Significant Growth in the Next Fiscal year

FingerMotion attributed its strong finish for Q3 2022 to strategic investments and collaborations with key players in the industryIt hopes to carry on this performance trend into the next fiscal year, tapping into the investments and collaborations made so far The company also plans to capitalize on the insurtech sector while also forming new brands designed to offer mobile device protection for the Chinese market FingerMotion…

Friday Jan 21, 2022 - 9:36 am

FingerMotion Inc. (NASDAQ: FNGR) Q3 Financial Report Notes Record Profit Growth, Ongoing Efforts to Build SMS, Big Data Services

U.S.-based communications technology brand FingerMotion is building its profits as it focuses on services for China’s world-leading, mobile-connected populationFingerMotion recently reported its financial statement for the Q3 quarter ending Nov. 30, noting gross profits at a record $967,075The profits report was 56 percent higher than the same period during the previous year, driven primarily by the company’s Telecommunications Products and Services businessFingerMotion’s Telecommunications Products and…

Friday Jan 14, 2022 - 9:00 am

FingerMotion Inc. (NASDAQ: FNGR) Marks 2021 Year Close with Major Investment into its Insurtech Sector

2021 marked the year when FingerMotion invested heavily into its insurtech product and service offeringIt forged partnerships with key players such as Pacific Life, Happy Life Insurance, and Munich Re to further develop innovative insurance business models for its customersThese investments would see a 48% year-over-year growth in the number of insurtech business deals for the company from 2020FingerMotion hopes that these investments, coupled with…

Tuesday Jan 11, 2022 - 11:56 am

FingerMotion Inc. (NASDAQ: FNGR) Ushers in New Year with Energetic Approach to Building Awareness of RCS, Big Data Services Potential in China

Rich communication services (“RCS”) and big data analysis solutions provider FingerMotion is a U.S.-based company focused on providing products and services to China’s 1.4 billion mobile usersFingerMotion’s SMS and MMS services account for the bulk of its revenues, but the company is in a growth phase that it expects to see the big data analysis solutions of its Sapientus division outstrip the revenues of the…

Thursday Dec 23, 2021 - 10:50 am

FingerMotion Inc. (FNGR) in Leading Position as Mobile Data Services Transform China’s Economic Activity

FingerMotion is a U.S.-based provider of rich communication services (“RCS”) and big data analysis solutions that are focused on the enormous consumer potential of China’s marketplaceChina’s mobile users account for nearly 1.5 billion individuals engaged with the country’s economic forces as well as global forces driven largely by online technologyAlthough FingerMotion’s most recent quarterly report noted a 25 percent YOY growth in revenues attributed to…

Thursday Dec 16, 2021 - 1:47 pm

FingerMotion Inc. (FNGR) Continues To Drive Customer and Shareholder Value Through Innovative Technology

FingerMotion currently targets over one billion users within the Chinese marketThe company is a crucial player within the telecommunications and insurtech markets, which are projected to post CAGRs of 5% and 48% from 2020-2025 and 2021-2028, respectivelyProgress is seen by the company’s move to form a collaborative alliance with Munich Re, through JiuGe, its wholly-owned subsidiary FingerMotion (OTCQX: FNGR) has defined itself as an evolving…

Thursday Dec 09, 2021 - 2:15 pm

FingerMotion Inc. (FNGR) Research Agreement with Munich Re Sets Stage for Predictive Insurance Analysis Growth

Rich communication services (“RCS”) provider and big data analysis solutions developer FingerMotion has announced an agreement with Munich Re to form a collaborative research alliance to benefit life and health insurance risk evaluation FingerMotion focuses its SMS, MMS, and big data products on China’s huge high-end phone consumer market The company’s most recent quarterly report noted a 25 percent YOY quarterly growth in revenues attributed to SMS…

Monday Nov 29, 2021 - 9:00 am

Insurtech Market Seen as a Major Driver for Big Data and Mobile Tech Innovator FingerMotion Inc. (FNGR)

U.S.-based FingerMotion is a technology innovator focused on smart communication applications in China’s mobile-hungry billion-plus populationThe company’s big data services are relatively new in development but already play a significant role in the insurtech industry’s global growth trendsWhile most of FingerMotion’s revenues are derived from its SMS and MMS products, executives anticipate its big data services will eventually be the company’s largest driver of profitsThe…

Friday Nov 19, 2021 - 8:00 am

FingerMotion Inc. (FNGR) Poised to Surf Potential Wave of 5G Growth in China Through Partnerships, Mobile Services

U.S.-based mobile tech services provider FingerMotion is laser-focused on the Chinese phone consumer market, building revenues primarily from SMS and MMS services there but expanding into insurance data services with other corporate partnersThe company’s trademarked big data platform Sapientus handles over half a million transactions daily for its mobile payment and recharge servicesAnalysts have noted the huge potential for upgrade services in China given consumer…

Thursday Nov 11, 2021 - 1:44 pm

FingerMotion Inc. (FNGR) Building Revenues in China’s Growing Mobile Payments and Insurtech Markets

Rich communication services (“RCS”) and big-data insights provider FingerMotion has seen revenue growth of 25 percent year-over-year in its mobile SMS and MMS services, according to recent quarterly financial analysisFingerMotion is beginning to record revenues in a third channel of operations thanks to its trademarked big data platform Sapientus, which is providing the foundation of an array of insurtech servicesChina’s mobile payment use saw a…

Wednesday Nov 03, 2021 - 1:24 pm

FingerMotion Inc. (FNGR) Adding More Value to Core Communications Services with Mobile Device Protection Brands

U.S.-based FingerMotion is a communications technology services company focused on the enormous Chinese consumer base and its adoption of mobile devicesFingerMotion has established its operations on a stable tripod of services including SMS, MMS, and big data technologiesThe company recently reported growing revenues derived primarily from its SMS and MMS products On Oct. 25 the company introduced two new brands for value-added services that will help…

Friday Oct 29, 2021 - 2:11 pm

FingerMotion Inc. (FNGR) Explores New Ways to Monetize Its Vast Active User Base with Two New Trademarked Brands

FingerMotion, through its subsidiary, JiuGe, announced two new brands- Ji Shi Fu and BaowoThese brands will offer device protection services to telecom customers within ChinaJiuGe is targeting the integration of these services by early 2022FingerMotion is confident that the new additions will allow it to monetize its vast active user base further FingerMotion (OTCQX: FNGR), through its subsidiary, Shanghai JiuGe Information Technology Co., has announced…

Monday Oct 25, 2021 - 10:17 am

Infobird Co., Ltd. (NASDAQ: IFBD) Expands to Retail Product Providers Market; Shows Commitment to Extend Technological Solutions in SaaS Market

Infobird continues to provide the Chinese market with technological solutions that optimize customer service, engagement, and overall experience through SaaS products that leverage AI solutionsCustomer engagement and salesforce management products currently available through Infobird are designed to help create optimized experiences for the customer and the company using themInfobird has over a decade of experience providing customer engagement and SaaS for large enterprises in the…

Monday Oct 18, 2021 - 12:17 pm

Infobird Co., Ltd (NASDAQ: IFBD), A Company of Firsts

Infobird, a leading software-as-a-service (SaaS) provider of AI powered customer engagement solutions in China, is one of the few companies in China that has built a customer engagement SaaS on a cloud-native architecture, and has remained consistent with innovation and offering unique customer engagement solutions The company’s products and services ride on the backbone of their self-developed, cloud-computing structure, robotic-process-automation (“RPA”) machine learning, patented Voice over…

Friday Oct 15, 2021 - 9:30 am

FingerMotion Inc. (FNGR) Reports Increasing Trends; Sapientus Division Experiences Positive Quarter-Over-Quarter Growth

FingerMotion’s focus has been on Sapientus, a major milestone for the company; delivering data-enabled insurance solutions that employ behavioral insights to change the existing service optionsSapientus uses algorithms that supply insurers with actionable intel and facilitate efficient and effective delivery while increasing the ability to calculate risk and create more innovative productsThe company’s Nasdaq application has been submitted; FingerMotion has brought in third-party advisors to…

Tuesday Oct 12, 2021 - 1:21 pm

AnPac Bio-Medical Science Co., Ltd. (NASDAQ: ANPC) Among Leading Biotech Companies Innovating the Field of Early Cancer Screening and Detection

Blood and genomic testing are becoming preferable means of early cancer screening and detectionLeaders innovating this niche of the medical industry include AnPac Bio, Grail, Thrive and GuardantAnPac Bio-Medical's testing features a database of more than 200,000 commercial and research multi-cancer test samples (probably the largest multi-cancer test data base) that detect up to 26 different types of cancerOne of the few companies offering multi-cancer…

Friday Oct 08, 2021 - 1:34 pm

FingerMotion Inc. (FNGR): A Future Anchored in Mobile Products Research and Development

FingerMotion’s R&D expenditure has been gradually increasing quarter over quarter and year on year, representing its focus on the development of innovative mobile payment and communication products for over 1/2 million users in ChinaThe company’s Big Data Insights division, Sapientus, which has accounted for most of the R&D expenditure so far, has been several years in the makingFingerMotion is looking to establish a collaborative lab…

Thursday Sep 30, 2021 - 10:44 am

Communications Tech and Data Services Provider FingerMotion Inc. (FNGR) Building Strong IP in China’s Large Insurance Market

FingerMotion Inc., has become a provider for China’s booming e-commerce market with rich communication services (“RCS”) and big-data insights, developing its Sapientus database as a solution for clients’ predictive services needsIn addition to its SMS, MMS and mobile top-up business, FingerMotion’s focus on adapting Sapientus to the needs of the insurance industry are driving revenues to new records each quarterIn China, insurance is compulsory to…

Monday Sep 27, 2021 - 10:30 am

AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC) Leading the Way in Early Cancer Detection Space

Up to 50% of cancer is preventable, while other types can be detected or treated early, often resulting in complete remission for patientsAnPac Bio-Medical Science Co., Ltd. uses blood-based testing to detect many types of cancer (multi-cancer tests) and pre-cancer diseases, predicting its potential to occur in the futureCompany’s proprietary CDA technology is powered by a database of over 220,000 clinical and general population test…

Thursday Sep 23, 2021 - 9:20 am

Infobird Co., Ltd (NASDAQ: IFBD) Signs Service Contract with a Global Leading Retail Brand

On August 3, 2021, Infobird signed a service contract with a subsidiary of a global leading retail brandThe brand is a Fortune 500 retail and consumer product company and a leader in its sector, with operations in over 80 countries around the worldIt hopes that through this contract it will capitalize on Infobird’s intelligent quality inspection to improve its customer service system within the Chinese…

Wednesday Sep 22, 2021 - 1:05 pm

FingerMotion Inc. (FNGR) Poised to Lead a Post-Pandemic Insurance Industry Renaissance in China

A 2020 Deloitte China report noted that big data will be vital in ensuring insurance survive for longer post-pandemic and accelerate their transformation towards excellence Big data is instrumental in facilitating greater product innovation and pricing accuracy for insurersThrough its Big Data Insights division (Sapientus), FingerMotion appears well positioned as an ideal partner for insurers looking to implement Deloitte’s proposalsThe China Banking and Insurance Regulatory Commission…

Wednesday Sep 22, 2021 - 9:00 am

AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC) Receives College of American Pathologists Accreditation for U.S. Laboratory

AnPac Bio’s clinical laboratories are located in the U.S. and China, with a total of 142 patents issued as of March 2021Cancer Differentiation Analysis (“CDA”) technology is AnPac Bio’s approach to early cancer detection and screening technology, with over 200,000 samples and cases to serve as a way of approaching cancer screeningCompany’s ownership percentage in subsidiary AnPai (Shanghai) Healthcare Management Consultant Co. Ltd. has increased…

Thursday Sep 16, 2021 - 11:41 am

Growth of China’s Tech Use Boosts Prospects for Mobile Services and Big Data Provider FingerMotion Inc. (FNGR)

U.S.-based FingerMotion is a mobile phone services and emerging big data technology company focused on the enormous prospects of China’s marketplaceFingerMotion’s drive to develop its new Sapientus database IP has led to a significant agreement for providing big data to global insurance juggernaut Pacific Life’s Reinsurance divisionPacific Life is among a number of outsider companies looking to enter China’s marketplace, and FingerMotion’s data is expected…

Thursday Sep 09, 2021 - 1:37 pm

Data Services Innovator FingerMotion Inc. (FNGR) Sees Growing Potential in China’s Insurance Market

U.S.-based data tech company FingerMotion is focused on the market potential of Chinese companies’ need for rich communication services (“RCS”) and big-data insightsFingerMotion has been particularly focused on the insurance industry’s need for data analysis in recent months, particularly in light of China’s early-stage structure for credit and risk assessment among consumersFingerMotion’s Sapientus platform provides predictive services for risk assessment, spawning a landmark agreement with…

Wednesday Sep 08, 2021 - 9:30 am

AnPac Bio-Medical Science Co., Ltd. (NASDAQ: ANPC) Symposium Highlights the Application of Biophysical Technology in Cancer Prevention and Treatment

AnPac Bio-Medical Science Co., Ltd. held its 2021 technical symposium, entitled “The Applications of Biophysical Technology in Cancer Prevention and Treatment” in Shanghai, China, on August 6, 2021The symposium included attendees from various hospitals, universities, and Fortune 500 companies, including Thermo Fisher Scientific and AnPac Bio’s contract partner Roche Pharmaceuticals ChinaA recent report from Frost & Sullivan ranked AnPac Bio at #3 in the world…

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