HONG KONG, May 18, 2018,/PRNewswire/ — Sharing Economy International Inc. (“SEII” or “the Company”) (NASDAQ: SEII) nowadays announced that its subsidiary, Inspirit Studio Limited (“Inspirit Studio”), will formally launch its re-branded mobile platform “BuddiGo” on June 1, 2018. BuddiGo seeks to optimize daily commuting trips for anybody by fully adopting the sharing economic system model. Once commuters (also referred to as “Buddies”) install and connect with BuddiGo, they can use their trips and time to make cash through acting various day-by-day errands and offerings for BuddiGo customers, including inner town delivery, food shipping, and grocery purchasing.
“According to our prior experience with our ‘Anyway’ app, we assume tens of thousands of Buddies will check in on our platform in Asia by the end of 2018. These Buddies can deal with thousands of daily errand requests for clients,” stated Kurt Tam, CEO of Inspirit Studio. “BuddiGo isn’t always simplest getting geared up for the official launch of offerings in Hong Kong but is getting ready to enlarge carrier insurance in the Guangdong-Hong Kong-Macao Greater Bay Area and other Asia areas with the aid of the end of 2018.”
“I stay up for the official launch of our innovative ‘Buddies’ model. BuddiGo will generate a full-size cost for society through utilizing and monetizing our everyday commuting trips,” stated Parkson Yip, Vice President of SEII. “In the past six months, the BuddiGo crew has been working very hard to enhance its platform’s capability to optimize offerings and provide a person-friendly experience for each customer and Buddies. On our platform, everybody can serve as a Buddy and carry out transport, pickup or buy requests from others, earn extra income, and keep our customers’ effort and time by offering errand services for them.”
Mr. Tam also found out that BuddiGo can study the offline purchasing behavior of its customers based totally on the services asked. BuddiGo is determined to comprise patron comments and decorate the best of its offerings by optimizing its robust data analytics skills.
About Sharing Economy International Inc.
Sharing Economy International Inc., through its affiliated groups, designs, manufactures, and distributes a line of proprietary excessive and occasional temperature dyeing and finishing machinery to the fabric industry. The Company’s present-day commercial enterprise initiatives focus on the generation and global sharing economic system markets via growing online structures and apartment commercial enterprise partnerships to force the worldwide sharing development through comparatively cheap rental business models. Moreover, the Company will actively pursue the blockchain era in its existing and to-be-received business, allowing most people to understand the beauty of useful resource sharing. For extra facts, visit www.Seii.Com
About Inspirit Studio Limited
Inspirit Studio Limited, an award-prevailing startup employer that graduated from the largest incubation software in Hong Kong, was acquired using NASDAQ-listed Sharing Economy International Inc. in December 2017. By adopting the sharing economic system to disrupt the client marketplace, Inspirit Studio targets presenting a global sharing solution and platform, particularly BuddiGo, to attract hundreds of thousands of customers throughout nations and regions through optimizing idle sources in communities. For extra facts, please visit www.Buddigo.com.
Safe Harbor Statement
This release includes certain “ahead-searching statements” referring to the Company’s business, its subsidiary, and affiliated companies and positive capability transactions they’ll input into. These forward-looking statements are regularly diagnosed using forwarding-looking terminology consisting of “believes,” “expects,” or similar expressions.
Such forward-searching statements involve known and unknown risks and uncertainties that may motivate real outcomes to be materially specific from those defined herein as expected, believed, envisioned, or anticipated. The Company’s real consequences may want to vary materially from the ones predicted in these ahead-looking statements because of an expansion of factors, along with those discussed in the Company’s periodic reports filed with the Securities and Exchange.
Commission and available on its internet site, including elements described in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Form 10-K for the year ended December 31, 2017, and in our Form 10-Q for the zone ended March 31, 2018. All ahead-looking statements resulting from the Company or persons acting on its behalf are expressly qualified of their entirety by using these factors other than as required underneath the securities laws. The Company no longer assumes a responsibility to update those ahead-searching statements.
