SHENZHEN, China, Dec. 13, 2017 /PRNewswire/ -- Moxian, Inc. ("Moxian" or the "Company") (Nasdaq: MOXC), an offline-to-online (O2O) integrated social media platform operator, today announced that it has entered into a strategic partnership agreement (the "Agreement") with Shanghai Aipeike Trading Co., Ltd., a PRC company that operates an O2O e-commerce platform, www.baoyanghui.com ("Baoyanghui"). Founded in 2012 and commercially launched in 2013, Baoyanghui is a leading O2O e-commerce platform connecting auto owners to auto dealers, parts stores, service centers, repair shops, and independent mechanics in over 310 major cities across China.
Under the Agreement signed on December 11, 2017, Baoyanghui will use Moxian's fully integrated O2O mobile platform and Moxian's partnership with Xinhua News Media to promote its brand and services while Moxian expects to benefit from increasing its presence in the automotive aftermarket vertical.
Xiang Kong, Chief Executive Officer of Baoyanghui, commented, "Following our strategic partnership with JD.com earlier this year, we are thrilled to team up with Moxian to further solidify our position as a pioneer and leader in the automotive aftermarket O2O e-commerce market."
Qinghu Hao, Chairman and Chief Executive Officer of Moxian, added, "While our Moxian+ Mobile application platform continues to gain popularity among users and merchants, we are pleased to have the opportunity to work with Baoyanghui to expand our user and merchant bases in the automotive aftermarket where we see tremendous opportunities. Since its commercial launch in 2013, Baoyanghui has established itself as one of the leading platforms serving the automotive aftermarket. We look forward to this mutually beneficially partnership to grow and bear fruit in years to come."
Yijun Yin, General Manager of Moxian Shenzhen, added, "By adding Baoyanghui's merchants to Moxian's platform, and allowing its users to benefit from the rewards and offers on the Moxian+ platform, we believe cooperation with Moxian will enhance Baoyanghui's merchant and user growth. Baoyanghui boasts more than 29,000 merchants and each merchant has its own users base. We will continue to explore new platforms for such collaboration to enhance further growth of the Moxian+ platform."
About Shanghai Aipeike Trading Co., Ltd.
Established in 2012, Shanghai Aipeike Trading Co., Ltd. operates an offline-to-online e-commerce platform, www.baoyanghui.com ("Baoyanghui"), which they launched in 2013 with a focus on serving the automotive aftermarket in China. Through its online platform, Baoyanghui connects auto owners with auto dealers, parts stores, service centers, repair shops, and independent mechanics in over 310 major cities across China. For more information, please visit www.baoyanghui.com.
About Moxian, Inc.
Founded in 2013 in Shenzhen, China with branch offices in Beijing, Malaysia, and Hong Kong, Moxian, Inc. is an offline-to-online (O2O) integrated platform operator. The Company's "Moxian+" mobile App platform connects Users to Merchant Clients through games, rewards and social events that they enjoy and in return, Users provide valuable information that Merchant Clients can use to effectively promote products and services offered at their brick and mortar stores. More information about the Company can be found at www.moxian.com.
This press release may contain information about Moxian's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Moxian encourages you to review other factors that may affect its future results in Moxian's registration statement and in its other filings with the Securities and Exchange Commission.
For more information, please contact:
At the Company
Phone: + 86-755-8358-0755
Tony Tian, CFA
Weitian Group LLC
SOURCE Moxian, Inc.