FingerMotion Inc. (NASDAQ: FNGR) launched its JiuGe Procurement Platform on December 1, 2025 through its Shanghai‑based subsidiary, Shanghai JiuGe Information Technology Co., Ltd. The platform offers suppliers a centralized catalog that allows enterprise customers to source employee benefit items, customer rewards, and promotional goods with direct delivery to end users.
The platform is currently in a pilot phase with China Mobile’s Shanghai and Jiangxi operations and Juneyao Airlines. Integration with China Mobile’s user‑facing programs—such as points redemption, recharge rewards, and customer acquisition campaigns—demonstrates the platform’s ability to embed procurement into existing loyalty ecosystems.
FingerMotion’s core business has long focused on mobile top‑ups and recharge services. By adding a procurement layer, the company is extending its value proposition to telecom operators and airlines, positioning itself to capture a share of the growing enterprise services market. The platform is designed to scale from regional pilots to a national rollout, potentially unlocking new revenue streams beyond the company’s traditional recharge margins.
The launch comes as FingerMotion reported Q3 2025 revenue of $8.53 million, up 39 % year‑over‑year, while net loss narrowed to $1.66 million, a 15 % reduction from the $1.69 million loss in Q2 2025. Gross profit fell 30 % YoY, driven by a 47 % jump in cost of revenue that eroded margins. The company’s operating expenses remained relatively flat, indicating disciplined cost management amid the expansion of new services.
CEO Martin Shen said the procurement platform “strengthens our value proposition with China Mobile and other enterprise clients. It allows us to offer more than mobile top‑ups, supports user growth initiatives, and builds long‑term business arrangements.” Shen added that the platform’s integration with loyalty programs is a key lever for deepening customer engagement and generating incremental revenue.
While the new platform signals a strategic pivot toward diversified technology services, FingerMotion still faces headwinds from rising supply‑chain costs and a competitive landscape for enterprise procurement solutions. The company’s focus on leveraging existing telecom partnerships and scaling the platform nationally aims to offset margin compression and drive long‑term growth. Management remains cautious about short‑term profitability but is optimistic that the platform will contribute to a higher‑margin revenue mix over the next 12 months.
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