NEW YORK, February 13, 2017 /PRNewswire/ --
A report by Research and Markets projects that the global Financial Services Application Market will reach $103.66 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 9.1% during the forecast period 2014-2019. In recent times, the strength of countries is determined by how it is progressing financially. Therefore a proper functioning financial system is crucial to the benefit of businesses across the board, and due to the growing effect of globalization, global financial services application businesses face an uphill task to provide end users with applications that are compliant, risk free and data driven. ChineseInvestors.com Inc. (OTC: CIIX), Alibaba Group Holding Ltd (NYSE: BABA), Baozun Inc. (NASDAQ: BZUN), Wins Finance Holdings Inc. (NASDAQ: WINS), Cheetah Mobile Inc. (NYSE: CMCM)
The research also indicates that "North America and Europe have the highest adoption of financial services application in the banking and financial services ecosystem, and regions such as APAC (Asia-Pacific), Middle East and Africa along with Latin America offers a lot of opportunities for the vendors where majority of the countries are yet to expansively adopt global financial services application."
ChineseInvestors.com Inc. (OTCQB: CIIX) endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) support services to our various partners; (c) consulting services to smaller private companies considering becoming a public company; and (d) advertising and public relation related support services.
Earlier today ChineseInvestors.com Inc. provided an update on, "the Company's financial and business achievements in January 2017, as well as offers insight into plans moving forward."
"January represents a significant milestone in CIIX's 18-year history, and we are pleased to update shareholders on key highlights of our progress. This includes sequential revenue growth and our entrance into the hemp-based CBD oil industry," says CIIX founder and CEO Warren Wang. "I am grateful for investors who support our ongoing development plans and look forward to a prosperous year ahead."
January Financial Highlights: We filed form 10Q with the U.S. Securities and Exchange Commission (SEC), reflecting significantly higher revenues for the three- and six-month periods ended November 30, 2016, as compared to the same periods of 2015. Operating revenues increased 133% and 121%, respectively. With diversified revenue streams, CIIX successfully achieved revenue growth for three consecutive quarters."
January Business Highlights: We completed a $5 million private placement for our Series C-2016 convertible preferred stock, the proceeds of which will be allocated to the development and branding of hemp-based cannabidiol (CBD) oil online and retail sales operations; to invest in growing hemp and producing hemp-based CBD oil products in China to yield greater production and sales margins; to invest in the pursuit of regulatory approval for use of hemp-based CBD oil products for specific health applications in Mainland China; and to invest in early-stage emerging public companies in the legal cannabis industry in Colorado, California and other states where legal. Launched Chinese language site http://www.ChineseCBDoil.com to offer hemp-based CBD oil health products to the Chinese community in the United States and Mainland China. Rolled-out a new Chinese language app, "Da Ma Dian Ping," 大麻点评网 which provides crowd-sourced cannabis and CBD oil product reviews and location information for dispensaries and CBD retail stores in the United States. Participated in various roadshows targeting mainstream American investors, including the Southern California Investment Forum, the South Florida Investment Forum, and NOBLE Capital Markets Institutional Investor Conference. Additionally, CIIX plans to attend the upcoming Disruptive Growth & Healthcare Conference in New York, the SeeThruEquity Microcap Investor Conference in Miami, and the National Investment Banking Association (NIBA) New York Conference."
Alibaba Group Holding Ltd (NYSE: BABA) is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People's Republic of China and internationally. Recently, the company reported revenues of $7.67 billion compared to $5.33 billion in the year ago same quarter. Revenue numbers for the reported quarter beat consensus estimates of $7.48 billion. The quarterly revenue growth was primarily driven by robust revenue growth in the Company's China commerce retail businesses, AliCloud along with the consultation of newly acquired businesses, mainly included on the Lazada.
E-commerce service partner that helps brands execute their e-commerce strategies in China, Baozun Inc. (NASDAQ: BZUN), announced that it has increased O2O shipping efficiency through its self-developed intelligent application, Shopdog. Shopdog increases efficiency and reduces order fulfilment time and cost by integrating both online and offline inventory, allowing brands to sell offline store inventory online. Shopdog's first large-scale implementation of its integrated O2O inventory management system was during the "Double 12" promotional sales day.
Diversified investment and asset management company, Wins Finance Holdings Inc. (NASDAQ: WINS), is a diversified investment and asset management company. The company is focused on identifying value accretive investment opportunities and assets in China and the United States that can be enhanced through the strategic involvement of Wins' established management team and its familiarity with the Chinese investment community to help generate long-term value for shareholders. Wins Finance states that it, "is well positioned to leverage its expertise and existing operations in China to build a comprehensive platform for the provision of lending and other financing solutions to the under-served small and medium enterprise segment."
Cheetah Mobile Inc. (NYSE: CMCM) was created from a merger between Kingsoft Security and Conew Image. Through the company's consolidated subsidiaries, variable interest entities (VIEs) and a VIE's subsidiary are engaged in the provision of online marketing services, Internet value-added services, and Internet security services and others. The company is currently a leading mobile application developer, the second largest internet and mobile security corporation in China and the third global non-gaming developer on Google Play. In June 2015, Cheetah Mobile has launched China's very first global mobile advertising platform, Cheetah Ad Platform. This has marked an important step for Cheetah Mobile in the path of becoming one of the leading global mobile advertising platforms.
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