Driving e-banking to new levels
Sydney, June 12, 2014 AEST (ABN Newswire) - 99 Wuxian Ltd (
ASX:NNW) provides their latest presentation- Analyst Pack June 2014. Below are the investment highlights from the presentation:
- m-commerce is one of the largest growing opportunities in China. There are over 1.22 billion mobile phone users, 4.3 billion bank cards on issue and a market in e-tailing growing at over 120% compounded since 2003
- 99 Wuxian's business partners provide access to the largest Chinese consumer "big data" database
- 99 Wuxian is the core m-commerce platform partner to China's leading institutions (B2B2C)
- 99 Wuxian is established in a high barrier to entry market
- 99 Wuxian is positioned in one of the fastest growing m-commerce opportunities in China
- 99 Wuxian's business model is well positioned to capture the growth opportunity in China's m-commerce market
- 99wuxian.com was established by Handpay in 2011
- Handpay is China's 3rd largest third party mobile payment gateway service provider
- 99wuxian.com's business model has been operational since 2011
- 99 Wuxian Ltd executed an exclusive 30 year partner agreement with Handpay in 2013
- 99wuxian.com has been a subsidiary of 99 Wuxian Ltd since June 2013
To view the full presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-NNW-801299.pdf
About 99 Wuxian Ltd
99 Wuxian Ltd (ASX:NNW) aggregates over 300 million high quality consumers and 155 leading merchants through a marketplace embedded within the mobile apps of China's leading banks, telecommunications and insurance companies. 99 Wuxian enables increased customer satisfaction, loyalty and retention for its business partners by offering consumers the lifestyle convenience of purchasing virtual and physical goods on a mobile device.
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