April 28, 2015 AEST (ABN Newswire) - 99 Wuxian (ASX:NNW) ("99...

April 28, 2015 AEST (ABN Newswire) -


99 Wuxian (ASX:NNW) ("99 Wuxian" or "the Company"), the market-leading Chinese mobile commerce company, has been awarded the highly prestigious iResearch "Best Partner for Mobile Finance" in China award within the 'Best Growth' category of companies.
Founded more than 13 years ago, iResearch is regarded as China's leading authority on the internet industry and the awards are regarded as the most authoritative in the mobile commerce sector. Another recipient in the 'Best Growth' category included 360 Group's upstart search engine "Haosou", tipped by many to rival Chinese giant Baidu for the title of "China's Google" having already garnered more than 29 percent of China's search market share since launching in September 2012.
The award, presented at the 10th annual iResearch Awards ceremony held at the China National Conference Center in Beijing this month, acknowledges the Company's significant performance in the past year in assisting major Chinese banks in improving customer satisfaction and customer retention.
Chief Executive Officer of 99 Wuxian, Amalisia Zhang, said "This is a highly prestigious award for 99 Wuxian which highlights our success in partnering with more than 60 of China's leading banks, including 9 of the top 10 Chinese banks, telecommunications and insurance companies.
"Our successful partnership with these business partners is evidenced by the rapid growth in registered users on our platform, which have increased from 27.9 million to 43 million over the last calendar year," she said.
First held in 2006, the iResearch Awards were established to recognize outstanding performance in China's Internet and mobile Internet industry, particularly in the fields of: product design, user experience optimization, software services, network applications and business innovation. Over the years it has become one of the most authoritative awards in its field, with nominees competing in the categories of: growth, innovation and impact, among others.
According to analysis of user behavior by iResearch drawn from users of over 50 domestic banks, 99 Wuxian is ideally positioned to deliver mobile value-added services underpinned by its unique business model which links the company's business partners with merchants and consumers on the company's mobile commerce platform. The strong market share position secured by 99 Wuxian cements the company's position in the 'Best Growth' category.