NetworkNewsBreaks – Moxian, Inc. (NASDAQ: MOXC)
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Moxian, Inc. (NASDAQ: MOXC) has recently shifted its focus in China in an effort to increase its share of the online-to-offline (O2O) market, grow processing fees, and enhance commission revenues on sales processed by its UnionPay mobile module. An article discussing this reads: “The new strategy is part of MOXC’s shift toward gaining more market share in China with its paid platforms, Moxian+ Merchant App and Moxian+ User App, for consumers. Smaller retailers are attracted to larger volume networks, such as Alibaba’s Taobao platform. Instead, MOXC sees the benefit of faster growth by targeting larger retailers in China.”
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