FingerMotion Inc. (FNGR) Continues to Use Innovation to Differentiate its Business Units from Competitors

May 26, 2021 08:24:11
  • FingerMotion generates revenue from its SMS and MMS business and its Telecommunication Products & Services (“TPS”) division
  • FNGR is guided by innovation and has always sought to increase value for its clients by continually improving its SMS and PigeonHoles Integration System (“PIS”) platforms
  • The company has differentiated its TPS division by creating a platform capable of handling thousands of transactions per minute with a 99.7% completion rate
The Short Message Service (“SMS”) transmission volumes in China have been growing since the turn of the century, increasing from 440.1 million messages in 2000 to 304.6 billion in 2005 (https://ibn.fm/DcpWq), and, more recently, 1.23 trillion in 2020, representing a 279,382% increase in just two decades. Although the number of messages sent dipped between 2013 and 2018, it eventually resurged, and the upward trajectory has not stopped since (https://ibn.fm/vG92d). It was during this resurgence period that FingerMotion (OTCQX: FNGR) entered the SMS enterprise market through its wholly owned subsidiary, JiuGe Information Technology (“JiuGe”), having acquired SMS infrastructure in early 2019 (https://ibn.fm/rKD6U). Notably, JiuGe had already landed recurring… Read More>> NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

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