NNW 1.43% 7.1¢ 99 wuxian limited

One of the Partners at McKinsey: "The future mobile online...

  1. 63 Posts.
    lightbulb Created with Sketch. 1
    One of the Partners at McKinsey:

    "The future mobile online market will no longer see one dominant player, like what we've seen in the e-commerce market before," he said. "Professionalism is more important on this platform and those that can detect and meet consumers' true needs in every respect will have a better chance."

    Which could be great for Wuxian if there is not 1 dominant player we can continue to grow market share, and the user base must be fast approaching a serious network effect.

    The article further states that they estimate 45% of the population of China will be using m-Commerce by 2020.. only 5 years away..

    http://www.scmp.com/business/china-...ping-phone-turns-heat-china-e-commerce-battle
 
watchlist Created with Sketch. Add NNW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.