Tenet Updates Website to Reflect Focus on North American Operations
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF), owner of the Cubeler® Business Hub, has updated its website to reflect a significant shift in its business model and operational focus. The company is transitioning from a transaction fee-based revenue model centered on China to a subscription-based model targeting North America. This new approach emphasizes a diverse data-derived product offering.
The updated website at www.tenetfintech.com now features a revised investor presentation, accessible at https://www.tenetfintech.com/en-ca/investors-ressources. This change signifies Tenet's strategic pivot towards the North American market and its shift from transaction fees to subscription-based revenue streams.
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF), proprietaria del Cubeler® Business Hub, ha aggiornato il proprio sito web per riflettere un cambiamento significativo nel suo modello di business e nella sua attenzione operativa. L'azienda sta passando da un modello di ricavo basato su commissioni di transazione centrato sulla Cina a un modello basato su abbonamento rivolto al Nord America. Questo nuovo approccio enfatizza un offerta diversificata di prodotti derivati dai dati.
Il sito web aggiornato all'indirizzo www.tenetfintech.com presenta ora una presentazione per gli investitori rivista, accessibile su https://www.tenetfintech.com/en-ca/investors-ressources. Questo cambiamento indica il pivot strategico di Tenet verso il mercato nordamericano e il suo passaggio dalle commissioni di transazione a flussi di ricavi basati su abbonamento.
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF), propietario de Cubeler® Business Hub, ha actualizado su sitio web para reflejar un cambio significativo en su modelo de negocio y enfoque operativo. La empresa está transicionando de un modelo de ingresos basado en comisiones por transacciones centrado en China a un modelo basado en suscripción dirigido a América del Norte. Este nuevo enfoque enfatiza una oferta de productos diversificados derivados de datos.
El sitio web actualizado en www.tenetfintech.com ahora presenta una presentación de inversores revisada, accesible en https://www.tenetfintech.com/en-ca/investors-ressources. Este cambio significa el giro estratégico de Tenet hacia el mercado norteamericano y su transición de tarifas por transacciones a flujos de ingresos basados en suscripciones.
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF)는 Cubeler® Business Hub의 소유자로서 웹사이트를 업데이트하여 비즈니스 모델과 운영 초점의 중요한 변화를 반영했습니다. 이 회사는 중국 중심의 거래 수수료 기반 수익 모델에서 북미 시장을 대상으로 하는 구독 기반 모델로 전환하고 있습니다. 이 새로운 접근 방식은 데이터 기반의 다양한 제품 제공에 중점을 둡니다.
www.tenetfintech.com에서 업데이트된 웹사이트에는 이제 개정된 투자자 프레젠테이션이 포함되어 있으며, https://www.tenetfintech.com/en-ca/investors-ressources에서 확인할 수 있습니다. 이 변화는 Tenet의 북미 시장으로의 전략적 방향 전환을 나타내며, 거래 수수료에서 구독 기반 수익 모델로의 전환을 의미합니다.
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF), propriétaire du Cubeler® Business Hub, a mis à jour son site Web pour refléter un changement significatif dans son modèle commercial et son orientation opérationnelle. L'entreprise est en train de passer d'un modèle de revenus basé sur des frais de transaction centré sur la Chine à un modèle basé sur l'abonnement ciblant l'Amérique du Nord. Cette nouvelle approche met l'accent sur une offre de produits diversifiée dérivée des données.
Le site Web mis à jour à l'adresse www.tenetfintech.com propose désormais une présentation d'investisseur révisée, accessible à https://www.tenetfintech.com/en-ca/investors-ressources. Ce changement signifie le pivot stratégique de Tenet vers le marché nord-américain et son passage des frais de transaction aux flux de revenus basés sur des abonnements.
Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF), Eigentümer des Cubeler® Business Hub, hat seine Website aktualisiert, um einen wesentlichen Wandel in seinem Geschäftsmodell und operationalen Fokus widerzuspiegeln. Das Unternehmen ändert sein Einnahmemodell von einem gebührenbasierten Modell, das sich auf China konzentriert, zu einem abonnementsbasierten Modell, das auf Nordamerika ausgerichtet ist. Dieser neue Ansatz legt den Fokus auf ein diversifiziertes, datengestütztes Produktangebot.
Die aktualisierte Website unter www.tenetfintech.com bietet nun eine überarbeitete Präsentation für Investoren, die unter https://www.tenetfintech.com/en-ca/investors-ressources zugänglich ist. Diese Änderung zeigt Tenets strategische Neuausrichtung auf den nordamerikanischen Markt und den Wechsel von Transaktionsgebühren zu abonnementsbasierten Einnahmequellen.
- Transition to a subscription-based revenue model, potentially providing more stable income
- Expansion into North American market, diversifying geographical presence
- Shift towards data-derived product offerings, potentially higher-margin business
- Moving away from established Chinese market operations
- Potential revenue disruption during transition period from transaction-based to subscription-based model
Toronto, Ontario--(Newsfile Corp. - August 9, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today released an updated version of its website (www.tenetfintech.com) to reflect the Company's transition from being a predominantly transaction fee revenue driven company with operations focused in China, to a company that expects most of its revenue to come from subscription fees from a diverse data derived product offering initially offered to a North American audience.
The updated website also includes an updated investor presentation, which can be downloaded at https://www.tenetfintech.com/en-ca/investors-ressources.
About Tenet Fintech Group Inc.:
Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.
For more information, please contact:
Tenet Fintech Group Inc.
Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com
CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com
Follow Tenet Fintech Group Inc. on social media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech
Forward-looking information
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219483
FAQ
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