'We are tremendously excited about 2017, and the announcements we have made to the market recently demonstrate our ambitions to develop our student services platform and our intention to enter the credit rating industry, both underpinned by further funding from leading institutional investors to support these initiatives. These new services, in addition to the payments and content businesses we are growing, will help us progress into a fully-fledged portal.'
Darren Mercer, Chief Executive Officer, 13th April 2017
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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