Chams Plc (CHAMS.ng) listed on the Nigerian Stock Exchange under the Technology sector has released it’s 2018 interim results for the third quarter.For more information about Chams Plc (CHAMS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Chams Plc (CHAMS.ng) company page on AfricanFinancials.Document: Chams Plc (CHAMS.ng) 2018 interim results for the third quarter.Company ProfileChams Plc provides enterprise technology solutions for identity management and transaction payments to the public and private sectors in Nigeria. The company builds robust, secure and adaptable platforms to facilitate identity management, identity transactions and verification systems. Established in 1985, Chams Plc has executed identification and verification projects for major institutions including INEC, NCC, NHIS, PeNCOM, ICAN, Customs, Nigeria Air Force, NAHCO, Head of Service of the Federation as well as government departments and private education institutions. The company has also handled identity management and transaction payments for the governing bodies of the states of Osun, Anambra, Ogun, Adamawa, Benue and Oyo. Chams Plc handled the execution and deployment of identity management solutions for the Bank Verification Project which was a multi-million dollar initiative of the Central Bank of Nigeria (CBN) and the Banker’s Committee. It was the first banking industry biometrics identity matching solution in the global financial markets. Chams Plc is the front end partner to the national Identity Management Commission (NIMC), the agency of the Federal Government of Nigeria (FGN). Other notable accolades include pioneering Nigeria’s first payment card scheme, Valucard; and is the first homegrown company in Nigeria to be listed in the Guinness Book of Records for setting up the mega ChamsCity Digital Mall. Chams Plc’s head office is in Lagos, Nigeria. Chams Plc is listed on the Nigerian Stock Exchange
[Abstract] industry insiders said the previous business is expected to double 11 growth of at least more than 50%, now down to 30% to 40%.
Tencent technology Lei Jianping reported on November 5th
with double 11 getting closer, Jingdong and Tmall fight the momentum is also more and more strong.
today, Jingdong real name Alibaba disrupt e-commerce market order, has been formally accepted by the State Administration for Industry and commerce, and handed over to the Zhejiang provincial Trade and Industry Bureau for further investigation and treatment.
this also means that Jingdong and Tmall war into a new stage. Just yesterday, the Jingdong announced that some businesses in the platform promotion platform due to Jingdong has been Tmall second warning, leading to the venue resources decline, businesses also said he was helpless.
group said, "Ali’s position, whether it has always evaded forced businesses" one of two "to engage in unfair competition, the core problem, look the other way, so as to achieve the purpose of water mix."
dual eleven preparatory committee spokesman Ya Fang said that the market is speculation, but can not always stay in the hype, but not the pengci and speculation as a cause. Ya Fang said, "chicken duck duck real-name reporting/real-name whistleblowing, said the monopoly of the lake…".
and behind the competition in Jingdong and Tmall, China has entered the era of electricity supplier oligarchs era, the loss of choice of businesses eventually become victims.
in the Jingdong and Tmall fight double 11 battle, is the most competitive in garments and other fields, which is Tmall’s hinterland, is the Jingdong in the rapid force field. Tmall is more dominant than Jingdong, more businesses in the election of two chose Tmall.
Jingdong and Tmall in this round of the competition, the first business is injured Linsen the official flagship store, the official flagship store in the Jingdong and Tmall two. Tmall suffered from the war, the Jingdong closed shop, and is no longer a permanent cooperation.
Jingdong official said, before the official flagship store and Linsen double 11 Jingdong to negotiate cooperation for a long time, both sides paid a lot of effort, finally Linsen official flagship store has announced its withdrawal from the Jingdong double 11 big promotion, Jingdong had to hand under the weight of an example.
according to foreign media reports, said Huang Wenhui, Linsen head of e-commerce company, to Tmall 10% in sales of Jingdong. But another director of the company said that Jingdong sales higher than this figure. He said: "this is a loss to us, to Jingdong."
asked why not Linsen on two platforms also participate in promotional activities, Huang declined to comment. But he said: in the relationship with the electronic business platform, businesses at a disadvantage. We were caught in the middle. We don’t want to make such a painful decision."
According to informed sources, this year’s 11
competition due to fierce competition between Tmall and Jingdong, businesses have to choose one of the two, this year to withdraw from Jingdong dual 1>