ChinaNet Online Holdings, Inc. (Nasdaq:CNET)
Shares of CNET skyrocketed $0.94 (or +92.16%) to $1.96 on Friday’s trading session after the company reported that its new growth strategy will focus on offering digital advertising services coupled with a range of consumer analytics expected to add significant value for its small and medium-sized enterprise (SMEs) customers. CNET is also continuing to build on its analytics offerings, which will make it possible to serve much larger digital advertising clients in the People’s Republic of China in 2015 and 2016.
Based on the Company’s new cooperative relationship with Baidu, Inc. (Nasdaq:BIDU), CNET is experiencing an improved sell-through on digital advertising products. Should this trend continue, CNET will be in a position to offer digital advertising services to much larger China-based advertisers.
CNET also said that it is in discussions with Taobao of Alibaba Group Holding Ltd. (NYSE:BABA) to provide “Micro-Sell 360″, which is one of CNET‘s new product solutions geared towards precision marketing for clients
Baidu and Alibaba’s Taoabao are the largest online advertisers in China by revenue, reporting RMB22.25 billion and RMB17.22 billion respectively, and together represent over half the entire market.
CNET is a leading B2B (business to business) Internet technology company 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
CNET offers 28.com, a web portal that connects SME franchisors with new franchisees, Internet advertising and marketing with other value-added communication channels, brand management & sales solutions, and cloud-based management tools.
More about ChinaNet Online Holdings, Inc. (Nasdaq:CNET) at www.chinanet-online.com.
Crown Equity Holdings Inc. (CRWE)
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of website communities which business model is based on selling advertising to businesses targeting both locally and nationally.
Crown Equity Holdings has completed the entire State of California with its CRWE network. Crown Equity Holdings is presently in the process of developing additional sites for communities within the State of New York, a major marketplace where the company believes that its CRWE network will flourish.
The CRWE Network has reached the 1323rd community website in the U.S., associated with 3147 ZIP Codes, and includes coverage of the greater state of California, Northern and Southern Nevada, New York State, Wellington in Florida, Hattiesburg in Mississippi and 10 provinces in Canada.
CRWE Network’s goal is to facilitate exchanges of goods and services in a manner similar to Craigslist, a classified advertisements website with sections devoted to jobs, housing, personals, for sale, items wanted, services, community, gigs, résumés, and discussion forums, while providing micro community news, information and business directory content.
CRWE’s Roxzu ( www.roxzu.com ), in development stage, is an on-line e-commerce coupon distribution channel and marketplace for merchants to create brand awareness for their business. Roxzu is focusing first on restaurants and dining but has plans to expand the application to include auto repairs, Realtor, bars, movie theaters, retailers, golf courses, auto dealerships and any other variety of businesses existing within a community.
The geo-location based mobile marketing application Roxzu is expected to be integrated in all the CRWE Network.
CRWE has executed a Letter of Intent to acquire American Video Teleconferencing Corp., (AVOT). The proposed acquisition will be a stock transaction in which CRWE will acquire ninety five percent (95%) of AVOT’s outstanding shares.
Upon the execution of a definitive agreement and subsequent closing of the transaction, it is envisioned that AVOT will become a subsidiary of CRWE.
CRWE may then merge its subsidiary Roxzu, into AVOT.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
Ideal Power, Inc. (Nasdaq:IPWR)
Brokerage firm ROTH Capital has initiated coverage on IPWR stock with a Buy rating and a price target of $17.00 per share.
IPWR recently reported that it received purchase orders from Sharp Electronics Corporation pursuant to the previously announced multi-year purchase agreement with Sharp. The 30kW battery converters are expected to be delivered starting in September with additional deliveries through the end of 2014.
IPWR has developed a novel, patented power conversion technology called Power Packet Switching Architecture(TM) (PPSA). PPSA improves the size, cost, efficiency, flexibility and reliability of electronic power converters. PPSA can scale across several large and growing markets, including commercial Battery Energy Storage Systems (BESS), electrified vehicle charging, and solar photovoltaic generation. IPWR utilizes a capital-efficient business model to commercialize its technology through the use of contract manufacturing, product licensing, and market distribution channels.
More about Ideal Power, Inc. (Nasdaq:IPWR) at www.IdealPower.com.
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