99 Wuxian (ASX: NNW) is pleased to advise that China’s leading independent research authority on the internet industry, iResearch Consulting Group (“iResearch”), has released a detailed report on the Online Banking Services market in China. Chinese people are logging in to their bank apps 17 times per month, marking this a very valuable ecosystem and one of the most frequented apps on their phones.The 2015 China Banking E-commerce Industry Report highlights that Chinese banks are well positioned to capitalise on the significant growth opportunities in China’s e-commerce market, given their vast platforms of online and mobile banking users; the high level of customer interaction with mobile banking services; and reputation for trust and security in payments. The report also highlights that specialist service providers, such as 99 Wuxian, will play an essential role in assisting Chinese banks in rapidly ramping up their m-commerce activities.


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