OBOR EDU achieves valuation of 13.7 million within 2 weeks of launch

HONG KONG, April 20, 2018 /PRNewswire/ --

OBOR EDU, a first of its kind online resources site that offers learning resources in doing business along the OBOR regions has recently achieved a business valuation of US$13.7 million within 2 weeks of launching their mobile application.

OBOR Education Holdings Limited was incorporated in Hong Kong by a team of academic professionals with extensive experience and background in the field of international commerce and research. Its aim is to raise awareness of the One Belt One Road initiative in Asia and to share the opportunities offered by this initiative to China companies and stakeholders.

On 1st April 2018, OBOR Education launched its mobile application which is currently available on both the iOS and Android platforms. It is the only mobile application in the world to provide in-depth knowledge on how to conduct businesses in the OBOR region.

According to OBOR Education, the application garnered more than 1 million downloads within 2 weeks of its launch. Registered users hit more than 100,000 which includes close to 9,000 paid users. Total revenue within the same period was more than US$1 million.

OBOR Education's Mobile Application Statistics (1^st -13^th April 2018)

U.S. Valuations, a member of the National Business Valuation Group LLC known for its broad array of valuation, forensic accounting services, and sophisticated analysis did a valuation report on OBOR Education Holdings Limited. The current average revenue per registered user stands at about US$10.90, coupled with a steady growing user base, the institute valued OBOR Education Holdings Limited at US$13.7 Million.

The valuation report came as a big boost to OBOR Education Holdings Limited as the company prepares to launch their next product, the "OBOR Business Ambassador Course". This is without doubt a confirmation that the company is moving in the right direction and the interests generated indicates that the OBOR Initiative is gaining traction within the Chinese business community.

Photo - https://photos.prnasia.com/prnh/20180420/2110040-1

SOURCE OBOR Education Holdings Limited

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