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Moxian, Inc. (MOXC) and Xinhua New Media Partnership Serves as Springboard to Growth
Moxian, Inc. (OTCQB: MOXC) earlier this week announced that its subsidiary, Moxian Technologies (Beijing) Co. Ltd., has entered into a partnership agreement with Xinhua New Media Culture Communication Co. Ltd. The arrangement enables Moxian to serve as the exclusive seller of advertising space for the Xinhua New Media App, Xinhua’s gaming platform. The five-year agreement states that Moxian will assist Xinhua with bolstering user retention by offering Mo-Coins and Mo-Points in exchange for interacting with advertisements within the app. Once the credits are acquired, users can log into the Moxian platform to redeem their rewards.
Tan Meng Dong James, Moxian’s CEO, stated, “This strategic cooperation agreement with Xinhua New Media Culture Communication Co. Ltd., a Xinhua Media affiliate, lays a solid foundation for Moxian’s future promotions and developments, while also gradually yet effectively driving the Moxian App into the Internet mainstream.”
The partnership fosters Moxian’s ability to have access to an impressive base of active members. Tan Meng Dong James’s recent statement notes that the app’s membership numbers are in the range of over 110 million registered users, including 10 million daily active users. As the exclusive reseller of advertising space for the app, Moxian is now poised to increase its visibility and market influence while simultaneously expanding its current base of customers.
The MOXC agreement with Xinhua initiates a key move toward maximizing on the market potential presented by its new Beijing subsidiary. This new revenue source puts Moxian in a strong position to take advantage of its expanded presence in the market. Meng Dong James added in his statement, “We look forward to the headway and potential this mutually advantageous deal provides both companies.”
Moxian, Inc. operates a social network online-to-offline platform that integrates social media and business for small- and medium-sized enterprises, primarily in China. MOXC products and services focus on creating interaction between users and merchant clients by allowing merchant clients to study consumer behavior. The company formerly operated under the name Moxian China, Inc. before changing its name to Moxian, Inc. in July 2015. Moxian, Inc. was founded in 2010 and is based in Shenzhen, China.
For more information, visit the company’s website at www.Moxian.com
