New Marketing Alliance and Business Partner Growth
Shenzhen, June 6, 2014 AEST (ABN Newswire) - Leading Chinese m-commerce company 99wuxian Ltd (ASX:NNW) (99wuxian) is pleased to announce encouraging progress in the further roll out of its business strategy during the month of May.
99wuxian's Marketing Management Service (MMS) has entered into a collaboration with business partner Shanghai Pudong Development Bank (SPD Bank) (SHA:600000), which boasts more than 80 million cardholders.
99wuxian has played a key role in assisting SPD Bank build up its customer reward platform- "Gold Beans Mall" - in which mobile bank customers can redeem their reward points for various e-gifts.
The rewards platform increases user satisfaction, customer satisfaction and loyalty. All helping to improve e-banking transactions
As a nationwide joint-stock commercial bank, SPD Bank commits itself to financial innovation. It set up its online banking system 10 years ago and now boasts over 80 million cardholders, 4 million mobile banking users and 39 branches throughout the country.
Supported by 99wuxian's platform, MMS will continue to roll out its mobile service to more banks. Which lays the foundation as one of the benchmarks for more MMS service to 99wuxian's existing business partners.
New Merchants
Vipshop
Since its launch in March, 99 e-Coupon has collaborated with several merchants. This month, 99wuxian expands its merchants further by adding Vipshop as 99 e-Coupon suppliers.
The merchant channel has been expanded with the cooperation of fashion brands Vipshop which specializes in fashion brands with a special discount. This further expands the merchant channel of 99 e-Coupon and provides greater choices of virtual products for users. Through attracting payments from customers purchasing on almost all mainstream m-commerce platforms by "99 e-Coupon", the company has already created a new profit-making model.
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http://media.abnnewswire.net/media/en/docs/ASX-NNW-800616.pdf
About 99 Wuxian Ltd
99 Wuxian Ltd (ASX:NNW) aggregates over 300 million high quality consumers and 155 leading merchants through a marketplace embedded within the mobile apps of China's leading banks, telecommunications and insurance companies. 99 Wuxian enables increased customer satisfaction, loyalty and retention for its business partners by offering consumers the lifestyle convenience of purchasing virtual and physical goods on a mobile device.
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