FingerMotion is a Singapore-based technology company that operates primarily in China through a variable interest entity structure. The company’s core business provides mobile payment and recharge services, acting as an intermediary between China’s major telecom operators—China Mobile, China Unicom, and China Telecom—and end users. FingerMotion bulk-purchases mobile airtime and data packages from these operators and distributes them through online channels like JD.com, Pinduoduo, and Tmall. The company earns rebates from the operators on transactions processed through its platform. Additionally, FingerMotion provides bulk enterprise messaging services to corporate customers such as airlines and e-commerce firms. This telecom segment serves as a high-volume, low-margin revenue base. FingerMotion’s strategy is to use this foundation to fund the development of higher-margin, platform-based businesses. These growth initiatives include Sapientus, a data analytics platform for the insurance industry; DaGe, an automotive services marketplace; and the C2 Platform, a communication system for emergency response and logistics. FingerMotion aims to scale these segments by leveraging proprietary telecom data for risk assessment and expanding its partnerships with insurers and government agencies. The company manages its operations through four segments: Telecommunications Products and Services, Marketplace Platform, Data and Analytics, and Advanced Technology.