Through its primary partnership with Xinhuatong, BNN is working with one of China’s largest apps, the state media organisation’s Xinhua News mobile app, which is aiming to have 300 million smartphone users by the end of 2017. It represents a significant opportunity for the Group’s technology platform to be a central part of, one of the world’s leading mobile apps.
Our overarching mission is to enrich the lives of Chinese consumers, by utilising our technology to enable our partners to deliver first class value added services, content and new and evolving opportunities.
Alongside our partners we are committed to the betterment of Chinese citizens by delivering practical services, information and social participation programmes. We are at the centre of the Chinese consumer’s shift to a cashless society accelerated by mobile adoption. At our core, we are a technology company that processes high volumes of transactions and delivers content. We have diversified our platform to process transactions and deliver content for partners ranging from public utility providers to banks, and online portals.
Source: World Bank
The Board’s strategy of diversification is focused on the versatility of its secure and robust technology platform and rapidly growing databases. New strategic joint ventures and the extension of existing alliances with blue chip organisations are taking BNN Technology into many sectors in which it can develop significant and reliable income streams.
The potential for our technology to support payments and other consumer transactions in China, as well as delivering content and managing data, online and through mobile on a very large scale, is huge. The Chinese government, through its Internet Plus strategy, is supporting a seismic shift towards a digital economy, enabling businesses, government departments and individuals to connect with each other. The expansion of fast broadband, 4G mobile networks and smartphone ownership in rural areas, combined with an ongoing programme of urbanisation, is creating and sustaining a very substantial addressable market for BNN Technology.
European clubs, including our partner FC Barcelona, see opportunity in Xi’s China football goals https://t.co/bCoxCf9GLs via @FT
Annual Report & Accounts now available on the website https://t.co/HAsNVImp2g
Announcement of new Non-Exec Chairman and establishment of Advisory Panel https://t.co/5M1leTMjNm
BNN Technology and Arsenal FC expand China partnership https://t.co/IIdIVI1MMD
RT @TheAsianBanker: #Mobile & #onlinepayments affecting no. of #creditcards in #China @Alipay #TenPay #WeBank https://t.co/SdipAVDnus htt…
The state sector has been slow to compete in this space, but competition is growing for Alipay and Tenpay. https://t.co/i5zTUdE4bY
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