XcelMobility, Inc. provides online sports lottery services in China. The company aggregates and processes lottery purchase orders, deriving revenue from service fees paid by local sports lottery administration centers for the purchase orders of sports lottery products directed to such centers. The company has a sport lottery license from the Fujian Administration of Sport and Gaming. Strategy The company intends to provide its users with the most comprehensive and up-to-date lottery related information, which is important to decision-making for most sports lottery products. The company has a direct data interface with China Sports Lottery Administration Center, which enables the company to publish real-time sports match scores and odds for a sports match. Services Individual Lottery Purchase: The company provides online purchase services for both sports lottery products and welfare lottery products. Users place purchase orders for lottery products through its Websites after registering, opening and funding an online account. Lottery Pool Purchase Lottery pools enable individual users to purchase a share in a pooled lottery outcome or group of outcomes with other users. Lottery pool purchase is a service developed and first offered by the company in China. Through its lottery pool service, an initiator starts a lottery pool by specifying a range of parameters, such as the lottery portfolio, total purchase amount and payout scheme. The company’s lottery pool service offers less experienced users a chance to join a more experienced user or a user with a track record of winning results. It also enables users who lack the time or resources to study the odds to join another user who has done relevant research, potentially enhancing their chances of winning. For number based lotteries, users can pool their commitment amounts together and purchase multiple numbers. This enables users to spread their commitments over a range of lottery numbers and thereby increase the pool’s probability of winning. Automatic Tag-along Purchase Automatic tag-along purchase is another service the company provides that distinguishes the company from traditional offline lottery agents. Through this service, a user can choose to automatically and periodically join a lottery pool initiated by another user. A user can customize the automatic tag-along feature by specifying the pools he wishes to automatically join, the commitment to be put down for each automatic pool and other specifications. The company places the option to automatically join or follow a user’s pool on such user’s profile page. A profile page also contains a user’s basic information, such as winning record, number of pools initiated and consummated, number of followers and date of registration, to allow other users to judge whether to follow or join pools initiated by this particular user. Recurring Purchase Users might select its recurring purchase service to repeatedly purchase a particular number or a combination of numbers. The user sets the combination once, and specifies the type and number of rounds or dates of lotteries he wants to purchase with the selected combination. It processes the purchase orders automatically. The company also offers a filtering tool that helps users set certain parameters in choosing the combination of numbers. Intellectual Property The company’s intellectual property consists of application related software and solutions for its lottery business, including cloud computing software and other application specific software. History XcelMobility Inc. was founded in 2003.
xcelmobility inc (XCLL:OTC US)
303 Twin Dolphins Drive
Redwood City, CA 94065
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