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ORCODA LIMITED — Capital/Financing Update 2017
May 14, 2017
65482_rns_2017-05-14_affd3ceb-cc03-48d2-8a92-56eee9e710fd.pdf
Capital/Financing Update
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SmartTrans Holdings Limited ASX: SMA An Australian based Technology Solutions Company Corporate Structure:
Shares on issue: 2511 M Unlisted Options: 166 M Market Cap: $AUD 22M 52 week high: 4.6 cents 52 week low: 0.8 cents
Directors:
Mr Mark Vaile AO Non-Executive Chairman
Mr Bryan Carr CEO & Managing Director
Mr Andrew Forsyth Non-Executive Director
SmartTrans signs first Tourism services agreement for its RooLife e-Commerce platform as partnerships with Dodoca and Wjike start delivering revenue results in April and May
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SmartTrans continues to expand the product range on its RooLife e-Commerce platforms with the addition of Kangur Tours tourism packages
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Tourism packages and campaigns will connect Chinese tourists to Australian businesses ahead of their visit to Australia and establish e-Commerce links for ongoing purchases
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Tourism agreement takes advantage of the rapidly growing tourism market from China and opens up further opportunities for payment processing in new sectors
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SmartTrans RooLife partnership with Shanghai-listed Dodoca generated first revenue in April and continues in May
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SmartTrans RooLife partnership with established e-Commerce partner Wjike generating revenue in May
Mr Yui (Ian) Tang Non-Executive Director
Mr Greg Simpson Non-Executive Director
Melbourne Office: Level 1, 10 Queens Road Melbourne VIC 3004 Australia
Beijing Office: Unit 205, Building 1 No. 2 Tuanjiehu Bei Lu Chaoyang District Beijing 100027 PR China
Phone (Aus): +61 (03) 9866 7333 Phone (China): +86 (10) 6500 0910 Website: www.smarttransholdings.com.au Twitter: www.twitter.com/SmartTrans_SMA Youtube: https://youtu.be/-1t_yJe1DBA
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RooLife provides Chinese consumers with confidence of Australian-made authenticity, matching demand from Australian exporters with demand from Chinese consumers
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RooLife is aiming to become one of China’s largest online market places for Australian goods generating multiple revenue streams for SmartTrans via marketing fees, acquisition of customers, commissions on sale of products and transaction fees
15 May 2017: SmartTrans Holdings Limited (ASX: SMA) (SmartTrans or the Company ) is pleased to announce the signing of a new agreement extending SmartTrans’ e-Commerce and payment processing services into the large and rapidly growing Chinese tourism market to Australia. The agreement to market and sell Kangur Tours products online in China will target Chinese tourists prior to arrival in Australia and seek to establish ongoing e-Commerce purchasing realationships both in Australia and upon return to China.
This new partnership is expected to add to the Company’s e-Commerce sales revenue which is building via the strong partnerships with Shanghai-listed Dodoca and established e-Commerce partner, Wjike.
The range of products being sold online has continued to expand with growing sales volume being achieved across the board, led by Tim Adams’ Wines, MorLife health food products and SoapNut’s cleaning and personal grooming products.
SmartTrans’ Chinese marketing team are working closely with the teams from Dodoca and Wjike with key brands Morlife, Tim Adams Wines and SoapNut being actively marketed in May with Mothers’ Day and “Healthy for Summer” campaigns.
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The Company is growing the number and variety of products available on its e-Commerce platform and with the addition of tourism products and services, is gaining exposure to a new and rapidly growing sector. Chinese arrivals and spending are up approximately 20 per cent year-on-year to 1.2 million visitors to Australia in the 12 months to September 2016[1] and expenditure reaching $9.1 billion[1] .
SmartTrans generates revenue through the provision of marketing services, the acquisition of customers, commission on sale of products and transaction fees.
Connecting Chinese tourists to Australian businesses ahead of their visit and then introducing Chinese tourists to Australian products and businesses when they are in Australia is one of the targeted growth areas for SmartTrans RooLife e-Commerce and mobile payments business.
The link between tourism and shopping is well established and SmartTrans is positioning itself to take advantage of the growing number of Chinese tourists visiting Australia.
Shopping in Australia is a favourite pastime for many Chinese tourists who seek authentic, quality products, with the prevalence of counterfeit goods being a significant concern for shoppers in China.
Shopping by Chinese tourists in Australian also establishes a connection between Australian businesses and Chinese consumers that can be maintained after those tourists have returned home to China.
SmartTrans’ Managing Director Bryan Carr commented: “We are delighted to be seeing growth in sales revenue and to be continuing to broaden our service offering. Our latest agreement with Kangur Tours to market and sell a range of travel, accommodation and tours in Australia to Chinese tourists is not only another direct revenue opportunity but presents the opportunity to promote and sell other products and services by extension, such as real estate and education services.”
SmartTrans is in discussions with an additional range of potential partners to further strengthen its RooLife platforms and anticipates further announcements on this front in the near future.
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1. Source: www.tourism.australia.com/documents/corporate/TAINT11054_QMU_-_December_2016_(September_Data).pdf
| For further information, please contact:Bryan CarrManaging DirectorAUST: +61 412 111 968CHINA: +86 138 1188 8401Media inquiries to: Ben JarvisSix Degrees Investor Relations:+61 413 150 448 | About SmartTrans(https://youtu.be/-1t_yJe1DBA)SmartTrans Holdings Limited (ASX: SMA) is a leading Australian technology and softwareprovider that has developed a mobile and online billing payment and e-Commerce platformfor the China market. The company has agreements in place to bill with China Mobile, ChinaUnicom, China Telecom, UnionPay and Alipay. With the growing use of the smartphone as abilling device in China, the company is experiencing significant uptake of its technology in thatmarket. SmartTrans has also developed cutting-edge proprietary logistics software which isused by some of Australia’s leading blue-chip organisations who have long term contracts inplace with the company. SmartTrans is assessing growth opportunities for its logistic offeringin China to complement its mobile and online payments platform. |
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