FingerMotion (NASDAQ: FNGR), a mobile services and data company, and its subsidiary, Shanghai JuiGe Information Technology Co. Ltd., have launched a new app. Called Da Ge, the consumer application links car owners with an array of key services, including car washing, detailing and maintenance and linking users with full-service independent service stations. According to the announcement, an estimated 18,000 car-care service stations have already been onboarded on the app, and the company projects that more than 25,000 service stations will be signed up by the end of 2024. In addition, the company noted that the national rollout generated a post-beta engagement of some 200,000 active subscribers; the company is expecting 2 million subscribers by the end of 2024. FingerMotion anticipates adding services to the app that could include car accessories and health and auto insurance. “Da Ge is a testament to FingerMotion’s entrepreneurial spirit that builds on our core competencies and our ability to adapt to changing market conditions,” said FingerMotion CEO Martin Shen in the press release. “This application is highly scalable and is the first step in leveraging our newly developed automotive relationships and giving them a product that facilitates rewards from the car dealerships. We were able to leverage our technology and relationships to create a new market in automotive care that does not currently exist in the Chinese market. This is a case study of what is possible by leveraging and monetizing client relationships.”
To view the full press release, visit https://ibn.fm/5pYYv
About FingerMotion Inc.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve more than 1 billion users in the China market and expand the model to other regional markets. For more information about the company, please visit www.FingerMotion.com.
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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