Moxian, Inc. Expanding Into Shanghai, Guangzhou In 2017
股友d0116D8330
2017-02-01 05:37:19
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Moxian, Inc. (NASDAQ:MOXC) is expanding into Shanghai and Guangzhou in 2017 from its existing direct sales offices in Beijing and Shenzhen. It is targeting further growth in the expanding online-to-offline (O2O) market in China from merchant paid subions and the increase in online sales, predominantly from women.

The January 10, 2017, Crystal Equity Research Report (http://nnw.fm/NupY5) on Moxian projects that the company will generate revenues of $2.3 million by fiscal year end 2018.

Moxian has its own online mobile platform in China’s growing O2O market, Moxian+. It offers both a consumer app, Moxian+ User, and a business app, Moxian+ Merchant. It is targeting merchant fees for participating on the app, as well as attracting consumers through its User app to reach social networks and to order online. It is designed to permit consumers to order everything from food to furniture online. Additionally, they can then purchase offline from merchants.
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