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Fandom Sports Media Corp (2)
Symbol FDM
Shares Issued 32,616,553
Close 2020-11-17 C$ 0.09
Market Cap C$ 2,935,490
Recent Sedar Documents

Fandom Sports director Sun resigns

2020-11-17 07:40 ET - News Release

Mr. David Vinokurov reports

FANDOM ANNOUNCES WECHAT INTEGRATIONS

Fandom Sports Media Corp. has commenced open-sourced integrations with the WeChat platform to facilitate the company's foray into China for its all-ages e-sports prediction platform.

WeChat was first released in 2011 by parent company Tencent. It quickly grew into an everything app connecting users to gaming, ride sharing and even government services, along with friends and family.

WeChat has more than 1.1 billion monthly active users (MAUs) globally, with more than one billion located in China. In China, WeChat is most popular with users between 26 and 35 years old according to a survey by China Academy of Information and Communications Technology. Chinese people spend more than one-third of their time on-line on WeChat with 81.5 per cent of users spending more than an hour on the app every day. According to a speech by WeChat founder Allen Zhang, 750 million Chinese users read friends' posts each day. Furthermore, according to the NY Times as of March, 2019, WeChat pay has 900 million MAUs.

The integrations Fandom is working on include but is not limited to:

  • Single sign-ons;
  • User management;
  • Account management;
  • QR code scanning;
  • Unique identifiers;
  • Image upload;
  • Content sharing to chats and groups;
  • WeChat payments.

"We continue to deliver features and functions that localized markets are demanding. The scope of work outlined above should support our broad market outreach plans to partners, influencers and ultimately e-sports fans and community members. I'm excited to see our platform developments mature and proceed forward," states Philip Chen, chairman.

Board resignation

The company also wishes to announce the resignation of Jonson Sun from the board of directors. The company thanks Mr. Sun for his time and efforts on the board and wishes him success in his continuing endeavours. The resignation is effective immediately.

We seek Safe Harbor.

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