- FingerMotion is an evolving technology company that aims to improve people’s lifestyles through technology and innovative products and services
- The company recently launched mobile device protection products in partnership with a Fortune 500 insurance company and major Chinese telcos
- The products will offer three tiers of protection: accidental damage to screens, mechanical breakdown, and trade-in solutions
- FingerMotion has taken a strategic approach to launching the products as it targets a burgeoning market set to be valued at about $12.2 billion by 2028
Evolving technology company FingerMotion (NASDAQ: FNGR) recently demonstrated the flexibility of its business model that affords it even more ways to monetize its vast active user base when its subsidiary, Shanghai TengLian Jiujiu Information and Communication Technology Co. Ltd (“TengLian”), launched the mobile device protection products (https://ibn.fm/ejdH6). The launch casts in stone a cooperation agreement entered in February this year between TengLian and two of China’s largest telecom operators, China Unicom and China Mobile (https://ibn.fm/Jh3VX).
The partnership will see the Chinese carriers distribute the mobile device protection products as embedded, value-added features bundled with existing voice, device, and data subscription plans. Underwritten by NYSE-listed 125-year-old Fortune 500 insurance company with extensive customer experience and a reputation for providing…
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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