Ann: Tencent Partner selects Invigor to expand WeChat Pay, page-7

So by the numbers.........

CLIP THE TICKET
purely on the 0.5%, Invigor stands to make $5 million per $1 Billion in transactions. Lets look at the potential Chinese tourism market for that based on the first 2 target markets:

- 3.2 million Chinese visitors came to Singapore in 2017 and spent $3.08 Billion. If Invigor can capture 10% of that its about $1.5 million per annum (https://www.straitstimes.com/singap...ord-268b-in-2017-china-top-source-of-visitors).

- 3.6 million Chinese visitors to Hong Kong in 2017, spending $824 per person, totaling $2.9 Billion. If Invigor can capture 10% of that its about $1.4 million annum (https://www.scmp.com/news/hong-kong...on-tourists-expected-hong-kong-2018-officials).

The thing is that in China, WeChat has 80% market share of online transactions and Chinese travelers are already using it. Realistically, if Invigor can can get significant uptake by vendors in these locations, they should be able to capture a lot more than 10%.

LOYALTY
In China in 2016 WeChat processed $1.2 Trillion in transactions. If the Loyalty system is integrated across this system at even a small portion (lets use 0.5 % again) that is a further $6 million.

Again, if we examine the growth potential here, if we got loyalty to 5% of all transactions that is $60 million.

Advertising
Who knows?

This is just all pie in the sky without knowing the details of the agreement, or how many other businesses they have approached to do the same thing, but you get the gist. It has potential. DYOR.