'As outlined in the interim accounts, we are pleased to confirm that the Group has returned to substantial revenue generation in the second half of this year, with strong month-on-month increases in trading volumes.'
Darren Mercer, Chief Execuitve Officer, 8th December 2016
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.
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
RT @miraeasset: Alipay & Tenpay are 89% of market https://t.co/q8W2DtAAHG China’s banking giants try to snatch share of #mobile payments fr…
Loyalty: The Next Tool for Mobile Wallet Engagement https://t.co/82UGl5UIzn via @LetsTalkPaymnts
Mobile Payments Can Transform Our Shopping Habits https://t.co/f7cxgVHBoA via @LetsTalkPaymnts
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