FingerMotion Inc. FNGR Archives - Page 4 of 15

TuesdayDec 27, 2022 1:02 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Looks for Strong Numbers in Upcoming Quarter

FingerMotion (NASDAQ: FNGR), a mobile data and services company, is anticipating more than $10 million in quarter revenues for the period ended Nov. 30, 2022. The company announced that, based on expected revenue growth in its core businesses, the company also projects that 2022 annual revenue will exceed last year’s total. The company explained the projections by noting that, during the past six months, FingerMotion has raised a total of $15.5 million in proceeds from a convertible note private placement and a nonbrokered private placement offering. By Nov. 30, 2022, only a portion of the funds raised was used, leaving…

TuesdayDec 20, 2022 12:43 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Retention of Third Company in Investigation of Potential Naked Short Selling

FingerMotion (NASDAQ: FNGR), a mobile data and services company, has entered into a service agreement with ShareIntel-Shareholder Intelligence Services. The agreement outlines ShareIntel’s assistance in reviewing the trading history of FingerMotion’s common stock for the past two years as well as tracking trading of the stock moving forward; ShareIntel will assist the Christian Levine Law Group and Warshaw Burstein LLP, which have each already been retained by FingerMotion. According to the announcement, ShareIntel uses DRIL-Down(TM), a patented process that aggregates and analyzes repository data from reporting entities, broker-dealers and shareholders; the process will support FingerMotion in its efforts to proactively track…

FridayDec 09, 2022 1:13 pm

QualityStocksNewsBreaks – FingerMotion Inc.’s (NASDAQ: FNGR) JiuGe Technology, Munich Re Collaborate to Drive Commercial Application of Work

FingerMotion (NASDAQ: FNGR), a mobile data and services company, today announced that its subsidiary, Shanghai JiuGe Information Technology Co. Ltd. (“JiuGe Technology”) and Munich Re, a large global reinsurer, have set the stage for extension of their ongoing behavioral research and analytic studies into commercial implementation in the China market. The partner companies, through a proprietary behavior intelligence system developed by “Sapientus,” the analytic innovation development arm of FingerMotion, will bring forward their jointly developed model algorithms and analytic insights for productionized applications and wider market adoption. “We are excited to walk together with Munich Re in driving commercial application…

MondayNov 28, 2022 11:27 am

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Participate in Upcoming One-on-One Investor Conference

FingerMotion (NASDAQ: FNGR) CEO Martin Shen is scheduled to participate in one-on-one meetings during the Benchmark Company’s 11th annual Discovery One-on-One Investor Conference. The one-day event is scheduled for Dec. 1, 2022, in New York City. During the conference, Shen will meet with potential investors as well as other interested parties. The conference offers emerging growth and dynamic publicly traded companies access to institutions and individuals in a unique one-on-one format. New York City-based Benchmark Company is an institutionally focused, research-driven, sales-trading and investment-banking company that focuses on fostering the long-term success of its corporate clients. The company accomplishes this…

MondaySep 19, 2022 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Benefitting From Recurring Revenue Streams from the Top-Up Business, Expands its Product Line

Martin Shen, FingerMotion’s CEO, acknowledged the solid and resilient performance of the company’s Top Up business, noting how the recurring revenue streams from it have created a solid foundation on which to expand its product line This expansion has seen the introduction of FingerMotion’s latest offering, a device protection insurance product for mobile phones. The company is looking to hit the milestone of one million devices under its protection plan by early 2023, and 20 million users within three years Mr. Shen has lauded the massive onset and adoption of 5G in China as a critical factor for this service’s…

WednesdaySep 14, 2022 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Upgrades to Sapientus Analytics Division Hone in on Tech Tool Trends in China

FingerMotion is an Nasdaq-traded company making inroads among China’s huge tech-hungry population with mobile services and big data analytics for commercial operations FingerMotion recently announced upgrades to its Sapientus division, which is currently focused on providing the insurance industry with consumer analytics in an economy that is still developing standards far or evaluating risk ratings Amid the upgrades, Sapientus also secured a renewed agreement with global reinsurance company Pacific Life Re to provide risk-rating capabilities in China Much of FingerMotion’s success has been built on its successful partnering with telecommunications giants China Unicom and China Mobile An increasing number of…

MondaySep 12, 2022 2:18 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Eyes Opportunity Across 4 Key Areas, Untapped Market in China

FingerMotion (NASDAQ: FNGR), a leader in mobile payment and recharge platform solutions in China, has consistently reinvented itself and adjusted to changing customer preferences. “Today, its goal remains to serve over a billion users in China and expand its model to other regional markets. However, its management understands that this will only be achieved by the company adjusting and improving its operations to address the changing market environment and evolving customer needs,” a recent article reads. “With every passing year, FingerMotion has gained experience in the market and from interacting with key partners in various sectors. It continues to leverage…

MondaySep 12, 2022 10:30 am

FingerMotion Inc. (NASDAQ: FNGR) Taking Advantage of 5G’s Proliferation in China to Grow Market Share

FingerMotion launched its mobile device protection service on July 15, 2022, banking on the transition to and the proliferation of 5G within the Chinese market With the Chinese government targeting over 2 million 5G base stations by the end of the 2022 calendar year, FingerMotion is counting on consumers’ switch from 3G and 4G phones to 5G to grow its new product and market share as a whole Martin Shen, FingerMotion’s CEO, is confident that this new direction by the company will not only sustain but also supersede the previous years’ performance, having posted a 12% gross margin growth in…

FridaySep 09, 2022 9:45 am

Upgrades to Big Data Analysis Division Positions FingerMotion Inc. (NASDAQ: FNGR) for New Growth Era in China

U.S.-based communications technology services provider FingerMotion recently announced a number of milestones in its drive to make its Sapientus big data arm a powerful driver of analytics in China’s billion-strong consumer marketplace The company has recently focused development efforts on a ready-to-launch mobile device protection plan similar to AppleCare that the company expects to be competitive in China The announcement regarding Sapientus renews expectations that it will evolve beyond its core SMS and mobile top-up services, building on unique partnerships with China’s telecommunication giants and other global corporations The Sapientus updates include news that FingerMotion has reached a new agreement…

WednesdaySep 07, 2022 9:00 am

FingerMotion Inc. (NASDAQ: FNGR) Benefitting From a First-Mover Advantage, and Relationships Forged in the Chinese Market

Martin Shen, FingerMotion’s CEO, noted the company’s shift in focus to pushing gross margins higher for the 2022 calendar year This has shaped the company’s initiatives that have seen the addition of the mobile device protection service for the Chinese market Since launching the service, FingerMotion has received $4 million in funding from Lind Global Fund II, LP, and is confident that this investment will yield the highest return, strengthen the company’s balance sheet, and enable it to experience transformational revenue growth over the next 12-24 months Mr. Shen has maintained that the current revenue is just “the tip of…

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