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Abits Group Inc. ABTS
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Posted On: 07/13/2017 5:30:42 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Moxian, Inc. (NASDAQ: MOXC) Poised to Profit from Forecast 21.5% 2017 Growth in Chinese Digital Advertising

Digital marketing company Moxian, Inc. (NASDAQ: MOXC) is prioritizing meeting its digital advertising revenue goals in light of recent research (http://nnw.fm/eP1LG) that shows digital ad spending in China is soaring to 57.2 percent of total Internet ad spending—up from a mere 19.4 percent just five years ago. A chief aspect of Moxian’s focus is the online-to-offline (O2O) market and helping brick-and-mortar merchants connect with more digitally-oriented customers. “Currently, Moxian is converting its Moxian+ business and user apps from free to paid. Key to Moxian’s revenue stream are fees, subscriptions, licenses and a percentage of all transactions. Vital to this is digital advertising. In the SeeThruEquity research report of February 28, 2017 (http://nnw.fm/23ErG), mobile advertising is projected by Moxian to reach $3 million in 2017 before doubling to $6 million in 2018. That total would account for 24% of total company sales.”

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