ChinaNet Online Holdings Launches the Official Version of BO!News
July 19 2018 - 7:30AM
ChinaNet-Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the
"Company"), an integrated online advertising, precision marketing,
and data analysis and management platform company, announced today
the launch of its official version of BO!News (商机头条), previously
named as the beta version of Business Opportunity Headline (BOH).
BO!News is the first blockchain-powered marketing and advertising
mobile application which aims to improve the efficiency and
transparency of marketing activities.
Developed from the beta version, the official
version of BO!News creates a blockchain-powered social network
based on the Company’s Business Opportunity Chain that enables real
time information sharing and value realization both within and
across various interest groups. BO!News improves the transparency
and credibility of transactions conducted within its network. It
encourages secure and truthful interactions among all network
participants, including merchants, consumers, service providers,
and platform providers, by rewarding them with Martingale Bonus
Points (MBP) for their content contributions. In addition to the
existing functions available in the beta version, the official
version of BO!News comes with an improved distribution channel of
MBP, which allows users to crowdfund business opportunities, and
actively participate in MBP transactions.
“We are excited to launch the official version
of our first blockchain marketing and advertising solution,” Mr.
George Chu, Chief Operator Officer of CNET, commented. “From the
time of beta release to that of official launch, the download
volume of BO!News has reached 100,000 and continues to rise. This
official release of BO!News not only allows us to further monetize
our existing internet infrastructures but also diversifies our
advertising and marketing service offerings. Going forward, we are
committed to the integration of blockchain-powered products,
including BO!News, into the network of the Business Opportunity
Chain. We believe that the launch of BO!News complements our
strategic position in China’s rapidly expanding blockchain industry
and marks a milestone for the further development of our Business
Opportunity Social Ecosystem (BOSE).”
About ChinaNet Online Holdings,
Inc.ChinaNet Online Holdings, Inc., a parent company of
ChinaNet Online Media Group Ltd., incorporated in the BVI
(ChinaNet), is an integrated online advertising, precision
marketing and data-analysis and management services platform.
ChinaNet provides prescriptive analysis for its clients to improve
business outcomes and to create more efficient enterprises. The
Company leverages an optimization framework, provided by its
comprehensive data-analysis infrastructure, to blend data,
mathematical, and computational sciences into an outcome management
platform for which it monetizes on a per client basis. ChinaNet
uniquely optimizes and prescribes its clients decision making
processes based on its proprietary ecosystem. For more information,
visit www.chinanet-online.com.
Safe Harbor StatementThis
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.
Investor Relations ContactICR,
Inc.Jack WangTel: +1-646-308-1635Email: CNET@icrinc.com
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