ChinaNet Online Holdings Exhibits Core Business Services at 93rd China Food & Drink Autumn Fair
November 04 2015 - 7:30AM
ChinaNet Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the
"Company"), a leading B2B (business to business) Internet
technology company providing online-to-offline (O2O) sales
expansion services for small and medium-sized enterprises (SMEs)
and entrepreneurial management and networking services for
entrepreneurs in the People's Republic of China, today announced it
exhibited three business services including "Business direct 3.0,"
"The Good business of China," and www.liansuo.com at the 93rd China
Food & Drink Autumn Fair, one of the most reputable and
influential food & drink industry fairs, held in Nanjing city,
China from October 29th to 31st, 2015.
The China Food & Drink Autumn Fair attracted more than 3,000
food, drink, and catering providers and suppliers from over 30
countries around the world and 100,000 professional visitors. The
average gross merchandise volume (GMV) at past fairs has been
approximately 20 billion RMB, making this fair one of the most
influential in the Chinese food & drink industry.
ChinaNet Online attended the fair to exhibit and demonstrate
three of its major service pipelines including "The Good business
of China," the first O2O (online-to-offline) brand and sales lead
generation service in the industry that provides online marketing
and data exchange and search and roadshow features, as well as
other valuable combined O2O entrepreneurial services such as
business advisory, due diligence trips and angel investor
networking to selected vendors. The service is operated along with
Baidu and its Tieba division, the largest forum posting platform in
China owned by Baidu, Inc.
"Business direct 3.0" is a complete management system that
includes chain store management support and information search and
data analysis from Baidu Direct, Baidu Pay and its search services.
The service facilitates the business connections between business
owners and customers by providing online and offline communication,
customer relationship management (CRM) tools, enterprise resource
planning (ERP) software, revenue management, point-of-sale features
and more.
"ChinaNet Online is devoted to providing business solutions for
small and medium business owners, like those attending the fair,
with our core set of business service solutions," said George Chu,
Chief Operating Officer of ChinaNet Online Holdings. "Along with
the synergies created with our partnership with Baidu, which
strengthens our service offering, we have provided the first O2O
brand and sales lead generation service in the industry. Small
business owners power the modern Chinese economy and create
millions of jobs. By providing fundamental business services, sales
channel build-up and valuable marketing and data services for this
segment, we can help these owners provide better food, drinks and
services, and add to ChinaNet's revenue and overall bottom line
growth."
About ChinaNet Online Holdings, Inc.
The Company, a parent company of ChinaNet Online Media Group
Ltd., incorporated in the BVI ("ChinaNet"), is a leading digital
B2B (business to business) Internet technology company focusing on
providing O2O sales channel expansion service for small and
medium-sized enterprises (SMEs) and entrepreneurial management and
networking service for entrepreneurs in China. The Company, through
certain contractual arrangements with operating companies in the
PRC, provides Internet advertising and other services for Chinese
SMEs via its portal websites, 28.com, Liansuo.com and Chuangye.com,
TV commercials and program production via China-Net TV, and
in-house LCD advertising on banking kiosks targeting Chinese
banking patrons. Website: http://www.chinanet-online.com.
Safe Harbor
This release contains certain "forward-looking statements"
relating to the business of ChinaNet Online Holdings, Inc., which
can be identified by the use of forward-looking terminology such as
"believes," "expects," "anticipates," "estimates" or similar
expressions. Such forward-looking statements involve known and
unknown risks and uncertainties, including business uncertainties
relating to government regulation of our industry, market demand,
reliance on key personnel, future capital requirements, competition
in general and other factors that may cause actual results to be
materially different from those described herein as anticipated,
believed, estimated or expected. Certain of these risks and
uncertainties are or will be described in greater detail in our
filings with the Securities and Exchange Commission. These
forward-looking statements are based on ChinaNet's current
expectations and beliefs concerning future developments and their
potential effects on the Company. There can be no assurance that
future developments affecting ChinaNet will be those anticipated by
ChinaNet. These forward-looking statements involve a number of
risks, uncertainties (some of which are beyond the control of the
Company) or other assumptions that may cause actual results or
performance to be materially different from those expressed or
implied by such forward-looking statements. ChinaNet undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required under applicable securities
laws.
CONTACT: MZ North America
Ted Haberfield, President
Direct: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us
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