Mr. Dennis Tang reports
TENET AND ABLE VIEW GLOBAL SIGN AGREEMENT IN PRINCIPLE FOR DISTRIBUTION OF CANADIAN BRANDS IN CHINA
Tenet Fintech Group Inc. and Able View Global Inc. have signed an agreement in principle for the distribution of Canadian brands in China.
The parties will develop a program that will help identify brands owned by members of the Cubeler business hub that could successfully be distributed in China through Able View's services under a negotiated revenue sharing structure between Able View and Tenet. A definitive agreement with the terms of the revenue sharing structure is expected by no later than July 31, 2024.
About Tenet Fintech Group Inc.
Tenet Fintech Group is the parent company of a group of innovative financial technology 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 (business-to-business) transactions among its members.
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