Acting as a market leader in the Chinese business to business to consumer (B2B2C) m-commerce segment, 99 Wuxian (ASX:NNW) (OTCMKTS:NNWXF) is well positioned to capitalise on the strong industry trends
Leading Chinese mobile commerce company 99 Wuxian Limited (ASX:NNW) (NNWXF) ("99 Wuxian" or the "Company") is pleased to provide shareholders with a business and market update.
Leading Chinese mobile commerce company 99 Wuxian Limited (ASX:NNW) is pleased to announce that it has successfully completed an equity placement ("Placement") of 45.45 million new fully paid Chess Depositary Interests ("CDIs") at A$0.55 per CDI to raise A$25 million before costs.
Leading Chinese mobile commerce company 99 Wuxian Limited (ASX:NNW) (OTCMKTS:NNWXF) ("99 Wuxian" or the "Company") is pleased to advise it has initiated a strategic review (the "Review") to assess its listing structure and location.
99 Wuxian operates a mobile online market place, 99wuxian.com, in China, providing value-added services platform to banks and their customers. The mobile online market place offers a variety of physical and virtual goods to consumers via a mobile banking application available on a smart phone or tablet.
99 Wuxian (ASX:NNW) operates a mobile online market place, 99wuxian.com, in China, providing value-added application services to banks and merchants. The mobile online market place offers a variety of physical and virtual goods to consumers via a mobile banking application available on a smart phone or tablet.
Tourists are expected to spend more than AU$6.4 billion (US$6.4 billion) while visiting the nation's biggest city in 2014, placing Sydney in the top 20 global destination cities by spend, according to the results of the MasterCard Global Destination Cities Index.
