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Share Price: 117.50

Bid: 115.00

Ask: 120.00

Change: 0.00 (0.00%)

Spread: 5.00 (4.348%)

Open: 117.50

High: 117.50

Low: 117.50

Prev. Close: 117.50

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IN BRIEF: Vianet partners with Vendekin for new mobile payment answer

Tue, 21st Mar 2023 14:55

Vianet Group PLC - Stockton-on-Tees, England-based provider of retail sales and volume monitoring systems - Partners with vending machine supplier Vendekin Technologies Ltd to introduce a mobile checkout experience for unattended retail in the UK. Says it also has plans for expansion into other parts of Europe over time. Vianet notes that the new mobile payment solution will transform the customer experience and drive growth for operators.

Chief Executive Officer James Dickson says: "We are delighted to be partnering with Vendekin Technologies to offer our customers an innovative mobile payment solution that is quick, secure, and convenient. This partnership will strengthen our growing presence in the unattended retail industry by allowing us to expand our offerings and provide our customers with the latest technology."

Vendekin's patented technology provides a secure and reliable QR code-based mobile payment solution for unattended retail.

Current stock price: 74.90 pence each, up 3.3% on Tuesday afternoon in London

12-month change: down 14%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

10 Jun 2014 13:27

Vianet reports drop in profit, but looks ahead with greater confidence

Vianet Group on Tuesday reported a drop in pre-tax profit for the year ended March 31st, which it blamed in part on pub closures and uncertainty over the statutory code for pub companies. The firm, which is a real-time monitoring systems and data management provider to the services sectors reporte

10 Jun 2014 11:08

Vianet Group's Full-Year Profit Hit By New Pub Laws

LONDON (Alliance News) - Vianet Group PLC Tuesday reported a fall in pretax profit and revenue for the full-year, as uncertainty surrounding a new statutory code for pub tenants took its toll, coupled with withdrawing from "lower margin work." The company, which designs and develops fluid m

31 Mar 2014 12:47

Vianet To Maintain Final Dividend, Hopeful On Government Pub Review

LONDON (Alliance News) - Vianet Group PLC Monday confirmed plans to maintain its final dividend at 4 pence for the full-year ended Monday, as trading in the second-half was broadly in line with expectations. Vianet expects to post a full-year pre-exceptional operating profit of GBP3.0 milli

19 Feb 2014 16:43

CORRECT: DIRECTOR DEALINGS: Vianet Chairman Buys 39,000 Shares

(Correcting price shares were purchased at) LONDON (Alliance News) - Vianet Group PLC Wednesday said Chairman James Dickson bought 39,000 shares at a price of 69.25 pence per share. Following this transaction, Dickson holds 4.4 million shares, which represents 15.79% stake in the firm

19 Feb 2014 16:01

DIRECTOR DEALINGS: Vianet Chairman Buys 39,000 Shares

LONDON (Alliance News) - Vianet Group PLC Wednesday said Chairman James Dickson bought 39,000 shares at a price of 60.25 pence per share. Following this transaction, Dickson holds 4.4 million shares, which represents 15.79% stake in the firm. The stock was trading at 69.44 pence up 2.

9 Oct 2013 09:22

Vianet warns of shrinking full-year profit

Real-time monitoring systems provider Vianet said it expects full-year operating profit to fall below last year's level after a slowdown in spending from UK pubs. The group, whose beer monitoring technology is used in one in three British pubs and claims to be able to measure the perfect pint, sai

9 Oct 2013 08:27

Vianet Cuts Profit Forecasts On Concerns Over UK Pub Rule Proposals

22 Feb 2013 08:25

Vianet Group shares plunge as trading misses expectations

Vianet Group shares plunged Friday after the real time monitoring systems provider announced half-year trading fell short of management expectations. Shares tumbled over 20% on Friday morning as the group said its results for the six months to March 31st this year missed targets. The company, wh

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