NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: F
Post# of 184
FingerMotion (NASDAQ: FNGR) is positioned for opportunity with a first-mover status in payments processing and consumer data analysis in China. “The company’s big data product, known as Sapientus, has thus far focused on providing predictive services for the reinsurance market as insurance companies seek to establish a system for risk assessment in the country, and FingerMotion expects it to become a big revenue driver within the next couple of years,” reads a recent article. “We’ve had our actuaries, our data scientists working for about two to three years now in building up that wealth of information, so that we’re way ahead of anybody who wants to come in (to the country),” the company’s CEO Martin Shen was quoted as saying from an interview with investor media outlet Proactive. “And also because we have such good relationships with really the largest telcos in China — China Mobile, China Unicom and China Telecom — I think that that kind of relationship lends itself to being very strong footing in terms of working in the Chinese market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer