Singapore, Singapore / ACCESSWIRE / January 10, 2024 / FingerMotion, Inc. (NASDAQ:FNGR)company” or “finger movementsMobile services and data company Shanghai today announced that its subsidiary Shanghai JuiGe Information Technology Co., Ltd. will launch a new consumer service called “Da Ge” that will provide subscribers with services such as car wash, detailing, maintenance, and links. We announced that we have launched an application for users. Da Ge has already deployed 18,000 car care service stations and expects to have over 25,000 service stations by the end of 2024.
This nationwide rollout brings the number of post-beta active subscribers to 200,000 and is expected to reach 2 million subscribers by the end of 2024, targeting tier 1 and tier 2 cities across China. Masu. Current services available to subscribers include car detailing and maintenance, while future product offerings include current top-up business, car accessories, and potentially health and auto insurance. may be incorporated. We expect the Da Ge business unit to rapidly become cash flow positive, which will be reflected in our financials in the fourth quarter of 2024.
“‘Da Ge’ is a testament to Fingermotion’s entrepreneurial spirit, based on our core competencies and our ability to adapt to changing market conditions,” said Martin Shen, CEO of Fingermotion. . We offer products that build new auto relationships and drive rewards from auto dealers. By leveraging our technology and relationships, we were able to create a new market for auto care that currently does not exist in the Chinese market. This is a case study that shows what’s possible when you leverage and monetize your customer relationships. ”
aAbout Finger Motion Co., Ltd.
FingerMotion is an evolving technology company with core competencies in mobile payment and recharge platform solutions in China. As the user base of our primary business continues to grow, we develop additional value-added technologies to sell to our users. Our vision is to rapidly grow our user base through organic means and leverage our innovative applications to develop this growth into an ecosystem of users with high engagement rates. By developing an ecosystem of engaged users, we are in a strategic position to reach a larger customer base. FingerMotion will eventually serve more than 1 billion users in the Chinese market, and he hopes to eventually expand this model to other regional markets. ”
For more information about FingerMotion, please visit https://fingermotion.com/.
Company contact:
Finger Motion Co., Ltd.
For more information
Email: info@fingermotion.com
Phone: 718-269-3366
Investor information contact:
Skyline Corporate Communication Group LLC
Scott Powell, President
One Rockefeller Plaza, 11th floor
New York, New York 10020
Office: (646) 893-5835
Email: info@skylineccg.com
Safe Harbor Statement
Except for statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” as that term is used under applicable U.S. securities laws. These statements relate to predictions and future results, estimates of amounts that cannot yet be determined, and analyzes and other information that are based on management assumptions. Anticipations, expectations, beliefs, plans, projections, objectives, assumptions and other statements involving expressions or discussions of future events or performance (but not always using words or phrases such as “expects” or “does not expect”) “expect,” “expect,” “expect,” or “not anticipate,” “plan,” “estimate,” or “intend,” or a specific action, event, To state that the outcome “may,” “could,” or “would.” , “may” or “will take place, occur or be accomplished”) and should be considered “forward-looking statements” rather than statements of historical fact. We have based these forward-looking statements on our current expectations regarding future events and performance, including anticipated revenues. Although we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for a variety of reasons. Factors that may contribute to such differences include, but are not limited to, general international, national and local economic and market conditions; Demographic changes. our ability to maintain, manage or predict our growth; the Company’s ability to manage VIE agreements; our ability to maintain relationships and licenses in China; Bad publicity; competition and change in China’s telecommunications market. volatility and unpredictability of operating results; business interruptions such as technical failures or cybersecurity breaches; and other factors described in the Company’s periodic reports filed with the Securities and Exchange Commission and available on the Company’s website at http://www.sec.gov. There can be no assurance that such statements will prove to be accurate, as actual results or future events may differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements contained in this news release and the documents referenced in this news release. The forward-looking statements contained in this release are made only as of the date of this release. With respect to the forward-looking statements in this news release, the Company claims the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reporting Act of 1995. The Company undertakes no obligation to update or supplement any forward-looking statements. As a result of new information, future events, etc. This news release does not constitute an offer to sell or a solicitation of an offer to sell our securities.
sauce: finger movements
View the original press release at accesswire.com