Bango has announced what is, in our view, a significant Direct Carrier Billing (“DCB”) launch with Amazon in Japan. Bango Platform technology is enabling customers on Japan’s two largest mobile operator networks to purchase physical goods from Amazon Japan, charging the cost to their phone bill. We believe this is the first carrier billing payments service for physical goods from Amazon. The announcement contains no details on the terms of the transaction and for now we make no revisions to forecasts. Nevertheless, with the Japanese e-commerce market estimated at US$100bn annually and Amazon the market leader, we expect the deal to be substantial for Bango.
06 Jun 2017
Making waves in Japan
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Making waves in Japan
Bango plc (BGO:LON) | 126 0 0.0% | Mkt Cap: 96.4m
- Published:
06 Jun 2017 -
Author:
Blaine Tatum -
Pages:
5
Bango has announced what is, in our view, a significant Direct Carrier Billing (“DCB”) launch with Amazon in Japan. Bango Platform technology is enabling customers on Japan’s two largest mobile operator networks to purchase physical goods from Amazon Japan, charging the cost to their phone bill. We believe this is the first carrier billing payments service for physical goods from Amazon. The announcement contains no details on the terms of the transaction and for now we make no revisions to forecasts. Nevertheless, with the Japanese e-commerce market estimated at US$100bn annually and Amazon the market leader, we expect the deal to be substantial for Bango.