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e-Future Information Technology Inc. Message Board

  • mmmparsley mmmparsley Mar 18, 2014 10:36 AM Flag

    From 12,000 to 500,000 users in less than a year.

    MyStore apparently has 500,000 users according to the information discussed in the conference call today. This may be a bit premature, but for those who don't know Weibo customers are valued at about $20.00 if the IPO ends up valuing Weibo at 8 Billion dollars. US Twitter users are valued at closer to $100.00. Yahoo! users are valued the least at about $43.00 as of the end of 2013.

    MyStore is a social shopping platform, so its sole purpose is to facilitate transactions. People who will use it will be buying and transacting and sharing. Value in the data and value in the transaction and ability to advertise. I imagine the value per user is much higher than $20.00 in this case, but who really knows for sure. This is part of the excitement of being in a market with unrealized potential, it's a guessing game. At $20.00 per user, MyStore has a current and exponentially rising value of $10,000.000. At $50.00 per user, it's worth more than the whole company is valued at right now.

    Going up.

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