Newtime now has a tremendous opportunity to rapidly expand its English Language learning apps into mobile-first and mobile-only countries, where mobile learning is the only viable learning technology and combined with highly graphical & constructive fun-learning techniques, we aim to endear English language learning to young children.
These young mobile consumers are driving the market and will be an important catalyst for Newtime’s long term growth, especially in Asia, the most vibrant and unique Mobile Learning market on the planet where mobile learning revenues reached $4.5 billion in 2014 and are expected to surge to $7.7 billion by 2019.*
Newtime offers a dynamic and innovative mobile approach to teaching English that will help children develop into confident and competent English language speakers from an early age. Our exhilarating apps will be fully embraced by parents who truly recognize value for money in educational content for their child’s e-learning future.
Consumer spending on mobile-based English language learning products represents significant new revenues for Newtime as mobile learning apps and edu-games are core to its long term product development and roadmap. Hence, the Company is now seeking funding and distribution channel partners to become involved in progressing our global distribution and marketing plans, during the first 1-2 years of operations while focusing on key customer acquisition, market growth and revenue targets.
Business models include end-user subscription based and pay per download revenue models with various partner licensing and content bundling opportunities also in play.
*Source: Ambient Insight