- FingerMotion, through its subsidiary, JiuGe, announced two new brands- Ji Shi Fu and Baowo
- These brands will offer device protection services to telecom customers within China
- JiuGe is targeting the integration of these services by early 2022
- FingerMotion is confident that the new additions will allow it to monetize its vast active user base further
FingerMotion (OTCQX: FNGR), through its subsidiary, Shanghai JiuGe Information Technology Co., has announced the introduction of a new service — an innovative device protection program for telecom customers within the Chinese market.
JiuGe announced the trademarking of two new brands, “Ji Shi Fu” and “Baowo,” that will offer maintenance on broken mobile phone screens, accidental damage repairs, compensation, and older device trade-ins (https://ibn.fm/nR3NF).
Having studied foreign markets and how the servicing industry is thriving, JiuGe is confident that there is tremendous, largely untapped potential in this sector, specifically within the Chinese market. The goal is to cover a portion of the hundreds of stores across ten different provinces by early 2022, with the assistance of a large American insurance company.
Preliminary beta testing commences in late October 2021 and will be conducted in Guangdong, Shanghai, Anjui, Henan, and Zhejiang provinces and cities (https://ibn.fm/nR3NF). More details will be announced once the testing is done.
This move provides a new way for FingerMotion to monetize its large user base and capitalize on a largely untapped market. Additionally, it complements its already-existing line of products and services, allowing the company to offer more value to its customers while also increasing their overall lifetime value.
“This latest development demonstrates the flexibility of our business model to explore ways to monetize our vast active user base. We are delighted to commence our beta testing on this mobile device protection product later this month and believe this will eventually present another significant revenue stream,” noted Martin Shen, the chief executive officer (“CEO”) of FingerMotion (https://ibn.fm/nR3NF).
For more information, visit the company’s website at www.FingerMotion.com
NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR
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