BEIJING, CHINA--(Marketwired - Jan 4, 2016) - Moxian, Inc. (OTCQB: MOXC) is pleased to announce the formation of a new corporate subsidiary, Moxian Technologies (Beijing) Co. Ltd., located in the Dongcheng district of Beijing and in close proximity to the Guomao business district. Moxian Beijing is focused on growing Moxian sales in Beijing and aims to drive local merchants and users to its social marketing and promotion platform.
Moxian Beijing's nearly 2,000-square-foot Beijing office is able to accommodate up to 80 employees. To-date, Moxian Beijing is staffed with 15 employees, a number the company expects to increase to both facilitate and accommodate corporate growth. In addition, the company expects to increase its in-house Beijing sales team to 50 salesman in 2016 as it pursues maximum market penetration.
As the capital of the People's Republic of China (PRC) and home to 20 million residents, Beijing is the national political and cultural center of China -- easily outpacing any other PRC city in terms of economic and commercial opportunity.
"We're proud to set up our Moxian subsidiary company in Beijing -- an impressively developed economy city with numerous opportunities for small and medium businesses like ours. The establishment of a Beijing office represents a qualitative leap and immeasurable bright future for Moxian," states company CEO Tan Meng Dong James.
About Moxian
Moxian engages in the business of providing social marketing and promotion platforms to merchants who desire to promote their businesses through online social media. The company's products and services aim to enhance the interaction between users and merchant clients by allowing merchant clients to study consumer behavior through data compiled from our database of users' activities. Moxian designs its products and services to allow merchant clients to run advertising campaigns and promotions targeting their customers. Moxian's platform is also designed and built to entice users to return frequently and to encourage new consumer users to subscribe to its website.
For more information visit: http://ir.moxian.com/html-en/
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
