Moxian, Inc. (NASDAQ: MOXC) has recently shifted its focus in China in an effort to increase its share of the online-to-offline (O2O) market, grow processing fees, and enhance commission revenues on sales processed by its UnionPay mobile module. An article discussing this reads: “The new strategy is part of MOXC’s shift toward gaining more market share in China with its paid platforms, Moxian+ Merchant App and Moxian+ User App, for consumers. Smaller retailers are attracted to larger volume networks, such as Alibaba’s Taobao platform. Instead, MOXC sees the benefit of faster growth by targeting larger retailers in China.”
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About Moxian, Inc.
Founded in 2013 in Shenzhen, China with branch offices in Beijing, Malaysia, and Hong Kong, Moxian, Inc. is an offline-to-online (O2O) integrated platform operator. The Company’s “Moxian+” mobile App platform connects Users to Merchant Clients through games, rewards and social events that they enjoy and in return, Users provide valuable information that Merchant Clients can use to effectively promote products and services offered at their brick and mortar stores. More information about the company can be found at www.moxian.com
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