MOXC Targets Four Key Cities in China, Eyes Revenue Growth
- Shanghai, Beijing, Shenzhen and Guangzhou are metropolitan markets targeted for MOXC’s growth
- China’s population is the world’s largest; goal is to convert its Moxian+ Business and Moxian+ User app platforms from free to paid
- Report: 1.39 billion mobile phone users registered in China, makes it largest globally
Moxian, Inc. (NASDAQ: MOXC
) is targeting four key cities in China as it seeks new revenue streams from its two paid app platforms: Moxian+ Business and Moxian+ User. It seeks sales from subscriptions to these apps. Revenue streams also include financial processing commissions through its UnionPay module and, to its business clients in the Online-to-Offline (O2O) market, sales of sophisticated purchase analytics defining targeted and customized online advertising opportunities.
As it seeks to bring its Moxian+ User consumers closer to its Moxian+ Business clients, MOXC finds that these large metropolitan cities provide valuable mobile app businesses and consumer purchasers in the O2O market. That market is estimated this year at $78.4 billion, according to iResearch (http://nnw.fm/98kUc
MOXC’s two Moxian apps were formerly free — now they are being converted to paid, designed to drive revenues as well. MOXC is a Shenzhen, China-based development stage company, which is aiming to convert its Moxian+ Business app clients from free to paid. It offers to consumers on the Moxian+ User app social media platforms, games and offers prizes in its own Mo-Points and Mo-Coins.
MOXC is focusing on major metropolitan cities in China to achieve its goals: Shenzhen, Beijing, Shanghai and Guangzhou. These population centers are key to marketing to mobile users in China’s enormous population. More important for MOXC, it is the biggest global mobile phone market with 1.39 billion registered users, according to research firm Statista® (http://nnw.fm/n4rCB
Shenzhen is located in Southern China and has a population of nearly 10.8 million. It is a major financial center and has a modern communication, trade and transportation infrastructure. It houses a Special Economic Zone in China and is home to a number of hi-tech companies. To MOXC, it is a perfect place to market its apps that bring consumers and businesses together. It is one of China’s wealthiest cities.
With a population of 21.5 million as of 2016, Beijing is one of the country’s fastest-growing and wealthiest cities. Its high rise buildings and large population make it a sophisticated metropolitan market — a perfect target for MOXC to market its Moxian+ Business and Moxian+ User apps. Online delivery services, like those in the Moxian+ apps, thrive in this demographic.
Shanghai is China’s largest city, at once a financial hub and a draw for tourists. It had a population of 24.2 million in 2015 and communications and information systems have flourished here. Businesses — such as those attracted by the paid MOXC+ Business app — range from restaurants to entertainment.
Guangzhou has an economy driven by private business. It has a highly-educated population, which bodes well for sophisticated mobile phone apps and the success of the O2O market. Retail sales are growing in the double digits and it has an extensive manufacturing base.
For more information, visit the company’s website at www.Moxian.com