ChinaNet Online Holdings Attends Baidu's Mobile App Launch
July 23 2012 - 7:30AM
ChinaNet Online Holdings, Inc. (Nasdaq:CNET) (the "Company"), a
leading B2B (business to business) Internet technology company
focusing on providing online-to-offline ("O2O") sales channel
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
that the Company was officially invited and attended Baidu's launch
event on July 19th to introduce Baidu's new mobile app for
businesses in China.
George Chu, Chief Operating Officer of ChinaNet Online Holdings,
Inc., stated, "We are very excited to collaborate with Baidu to
integrate our services for Baidu Promotion App. With an increasing
number of small business owners in China conducting day-to-day
operations through their mobile devices, we see an opportunity to
provide another unique, value added service to our customers. We
believe our integrated mobile offering will complement our existing
online advertising and promotions suite and allow us to sell more
services to new and existing small business customers."
Baidu's new mobile app, Baidu Promotion App, allows business
owners to access data for their businesses in real-time
through their smartphones. Users can track the effectiveness of a
promotion and make appropriate adjustments based on sales data.
ChinaNet has worked extensively with Baidu, China's leading online
search engine, to integrate the Company's advertising and marketing
services solutions with Baidu's online and mobile services.
Available on all Android phones, with the iOS version scheduled for
release in Q4 this year, Baidu Promotion App has already registered
approximately 500,000 downloads.
About ChinaNet Online Holdings, Inc.
The Company, a parent company of ChinaNet Online Media Group
Ltd., incorporated in the BVI ("ChinaNet"), is a leading B2B
(business to business) Internet technology company focusing on
providing O2O (online-to-offline) 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
Tel: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us
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