FingerMotion and China Mobile Financial Technology Co., Ltd. Sign Strategic Cooperation Agreement for Loyalty Program Business
(MENAFN – ACCESSWIRE) NEW YORK, NY / ACCESSWIRE / December 2, 2020 / FingerMotion, Inc. (OTCQB:FNGR), a mobile data and services company, is pleased to announce that its contractually controlled subsidiary, Shanghai JiuGe Information Technology Co., Ltd., and China Mobile Financial Technology Co., Ltd., a subsidiary of China Mobile, have signed a strategic cooperation agreement to explore and create a new forward-leaning business model that combines the traditional loyalty point redemption business with an e-commerce platform designed to create a higher evolution of brand loyalty.
From the beginning of 2020, Shanghai JiuGe Information Technology Co., Ltd. has actively sought cooperation with China Mobile Financial Technology Co., Ltd., given China Mobile & #39;s years of experience in the financial services industry. Currently, of China Mobile & #39;s estimated 900 million subscribers, only an estimated 600 million currently participate and accumulate points within the loyalty reward program, often referred to as &