Transsion Financial Disclosure Provides Rare Insights Into Its Booming Mobile Phone Business in Africa

Ad for Tecno Mobile, one of Transsion's three mobile phone brands that now dominate the African market. Image via Transsion.

Shenzhen-based African mobile phone giant Transsion provided a rare glimpse into its financial performance in a disclosure document that went out to 244 Chinese institutional investors. Even though Transsion is a publicly-traded company on the Shanghai Star Exchange, it nonetheless behaves like a lot of Chinese firms by being very stingy in releasing information about its business operations.

So, these kinds of reports, only available in Chinese, are very important in understanding the workings of a company that utterly dominates the African mobile phone market.

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by Eric Olander

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