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Red Dot Ventures managing director Leslie Loh said that about 70% of Ascenz's current clients are Singaporean firms, but the company hopes to extend its customer base in China, since most ships in the region are built there, as well as markets in Europe and the Middle East.
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He said in a written statement on Friday that the buyout will help to extend services across platforms and expand its customer base.
The deal should help BlackBerry expand its customer base meaningfully.
In the Western press, JD is often referred to as the Chinese Amazon, but unlike Amazon, which has all but saturated the American e-commerce market and therefore has to expand by moving into new sectors, such as entertainment, JD still has ample room to extend its customer base thanks to places like Cenmang and Xinhuang.
"expand its customer base and increase its revenue".
Although the combined entities' cheaper prices could dampen Instinet's market share, Instinet has made strategic acquisitions that allow it to extend its institutional customer base, where its captures greater revenue per share.
Job: chief executive, BSkyB Age: 51 Industry: broadcasting 2012 ranking: 15 Now in his sixth year as chief executive of BSkyB, Jeremy Darroch's challenge is twofold – how to extend his customer base beyond its 10 million satellite TV subscribers, and how to see off the latest competitors to its pay-TV crown – in the US on-demand service Netflix and, closer to home, BT.
It also increased its customer base by 171,000, up 35.0%.
He directed the growth of the company tenfold while extending its business lines, nurturing its employees and enriching its customer base.
Years ago, it looked as if its customer base would disappear.
It did not research its customer base effectively.
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