I am trying to figure out the vision of CYBK and t
Post# of 5115
Posted On: 10/20/2013 1:30:56 PM
I am trying to figure out the vision of CYBK and their mobile app coming out in November. What I have found is that mobile apps fall under the M Commerce industry ( mobile commerce) .
Here is some good DD about the mobile commerce industry 2013. Keep in mind CYBK is trying to tap this industry that obviously large businesses are tapping now:
1. http://news.paywithisis.com/category/mobile-c...-industry/
2. http://www.fool.com/investing/international/2...billi.aspx : Right now, more Chinese have access to the Internet through mobile than they do on desktop: Internet penetration on desktop is 44% versus 82% on mobile . Looking deeper into the numbers, 59% of China's smartphone users have already used their devices to shop online.
3. http://www.mcommworld.com/sanfrancisco/about/ : By 2017, revenue from mobile commerce will exceed $1 trillion. Early adopters have already seized this opportunity and are driving billions of dollars from mobile to their top line. The next wave of retailers and other vertical industries are now determining their mobile commerce business strategy. Mobile Commerce World is the only event for these business and technology executives to learn about the state-of-the-practice of mobile commerce and how to develop your own strategy.
I would love to see CYBK at an MCOMMWORLD EXPO sometime in the future . Just imagine if CYBK can tap just a very small part of the industry? Long term vision IMO
Here is some good DD about the mobile commerce industry 2013. Keep in mind CYBK is trying to tap this industry that obviously large businesses are tapping now:
1. http://news.paywithisis.com/category/mobile-c...-industry/
2. http://www.fool.com/investing/international/2...billi.aspx : Right now, more Chinese have access to the Internet through mobile than they do on desktop: Internet penetration on desktop is 44% versus 82% on mobile . Looking deeper into the numbers, 59% of China's smartphone users have already used their devices to shop online.
3. http://www.mcommworld.com/sanfrancisco/about/ : By 2017, revenue from mobile commerce will exceed $1 trillion. Early adopters have already seized this opportunity and are driving billions of dollars from mobile to their top line. The next wave of retailers and other vertical industries are now determining their mobile commerce business strategy. Mobile Commerce World is the only event for these business and technology executives to learn about the state-of-the-practice of mobile commerce and how to develop your own strategy.
I would love to see CYBK at an MCOMMWORLD EXPO sometime in the future . Just imagine if CYBK can tap just a very small part of the industry? Long term vision IMO
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Disclaimer: My opinion is based on extensive DD of a companies business plan and management. I am not a financial advisor nor a stock promoter. I am an investor. Please Do your own DD and make your own investment decisions based on you only and noone else.