Tingo Group, Inc. (TIO)
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Tingo Group, Inc. engages in the financial technology and agri-fintech businesses delivering financial inclusion and financial upliftment to rural farming communities in Africa, Southeast Asia, and the Middle East. The company operates through Verticals and Technology, Online Stock Trading, Comprehensive Platform Service segments. Its platform service through use of smartphones device as a service and pre-loaded platform product; Nwassa platform, a digital agriculture ecosystem that empowers rural farmers and agri-businesses; and insurance platform, an online automobile insurance after-market service to connect automobile insurance customers with auto repair shops and auto wash stores nationwide, as well as provide customers auto membership services, including online gas card recharge, online shopping, insurance claim settlements, roadside assistance, car wash appointment and maintenance and promotion coupons, insurance loyalty points, and other related supporting services for insurance members. The company also offers TingoPay, a B2C and B2B fintech platform and super-app that offers payment services, an e-wallet, foreign exchange, and merchant services; Tingo Foods, a food processing business that processes raw foods into finished products such as rice, pasta, and noodles; and Tingo DMCC, a commodity trading platform and agricultural commodities export business. In addition, it provides Magpie Invest, a proprietary technology investment trading platform offers margin financing services, as well as offers smart phone leasing, an agri-marketplace, airtime top ups, utility payment services, bill-pay and e-wallet, insurance products, and access to finance and lending services. The company was formerly known as MICT, Inc. and changed its name to Tingo Group, Inc. in February 2023. Tingo Group, Inc. is based in Montvale, New Jersey.
NEWS

Tingo Group, Inc. to File Form 25 to Voluntarily Delist its Common Stock from the Nasdaq Stock Market
globenewswire.com
2024-02-20 17:00:00MONTVALE, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) today announced that the Company intends to voluntarily terminate the listing of its common stock on the Nasdaq Stock Market (“Nasdaq”).

Tingo Group Receives Nasdaq Notification Relating to its Recently Filed Financial Statements Non-Reliance Disclosure
globenewswire.com
2024-01-12 13:00:00GlobeNewswire window.initGradientEffect = function () { } document.addEventListener('DOMContentLoaded', function () { const extendedTableZoomElements = document.querySelectorAll('.extended-table-zoom'); if (extendedTableZoomElements && extendedTableZoomElements.length > 0) { if (!window.Stickyfill) { setTimeout(() => { window.Stickyfill.add(extendedTableZoomElements); }, 500); } else { window.Stickyfill.add(extendedTableZoomElements); } } const socialMediaSideBarContainerElement = document.querySelectorAll('.social-media-side-bar-container'); if (socialMediaSideBarContainerElement && socialMediaSideBarContainerElement.length > 0) { if (!window.Stickyfill) { setTimeout(() => { window.Stickyfill.add(socialMediaSideBarContainerElement); }, 500); } else { window.Stickyfill.add(socialMediaSideBarContainerElement); } } }, false); window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-ERWPGTJ5X8'); Accessibility: Skip TopNav // used in ui component window.pnrApplicationSettings = { Application:"pnr", SelectedLocale: 'en-US', PnrHostUrl: 'https://www.globenewswire.com', IsAuthenticated: false, ContextUser: '', ApplicationUrl: 'https://www.globenewswire.com', PageContext: '', SubscriptionId: 0, SubscriptionName: '', ArticleLogoUrl: '', ArticleHeadline: '', IsMobileVersion: 'False' === "True" ? true : false, HideLanguageSelection : false, NewsSearchHeading: '', ArticleMediaAttachments: [], AuthSessionExpirationMinutes: '0', AppLogoUrl: 'https://www.globenewswire.com/content/logo/color.svg', ReaderForgotPasswordUrl: 'https://pnrlogin.globenewswire.com/en/reset/confirmresetpassword', ReaderRegisterUrl: 'https://pnrlogin.globenewswire.com/en/register', IsQuickSignInEnabled: true, ReaderAccountBaseUrl: '', articleSideBarSettings:{}, SiteSupportedLanguages: 'en,fr,de,es', CookieConsentSettings:{}, }; We're sorry, you encountered a page that doesn't exist.

What really happened to Dozy Mmobuosi Tingo Group stock?
invezz.com
2024-01-06 04:25:58Tingo Group (NASDAQ: TIO) stock price has been frozen in the past two months as woes in the company have intensified. After peaking at $5.69 in May 2023, the shares had crashed to $0.69, erasing over $3 billion in value.

Tingo Group Announces Interim Co-CEO to Temporarily Step Down by Mutual Agreement
globenewswire.com
2023-12-20 14:52:00MONTVALE, N.J., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), has today announced that Mr.

Tingo Group's Commitment to Corporate Social Responsibility and Sustainability Recognized with SERAS Africa CSR / Sustainability Awards Nominations
globenewswire.com
2023-12-05 10:00:00Five Nominations Include Best Company in Food Security and Best Company in Poverty Reduction Fellow Nominees Including Nestle, Unilever, Dangote Sugar, Anheuser-Busch's International Breweries, Fidelity Bank, Total Energies and Airtel MONTVALE, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that its Corporate Social Responsibility (CSR) and Sustainability efforts have been recognized through its nomination as a finalist in five categories at the 17th annual SERAS Africa CSR & Sustainability Awards.

Tingo Group Receives Nasdaq Request for Information Following Expiry of Securities & Exchange Commission's Temporary Suspension of Trading in the Company's Securities
globenewswire.com
2023-11-29 08:20:00Tingo Group Receives Nasdaq Request for Information Following Expiry of Securities & Exchange Commission's Temporary Suspension of Trading in the Company's

Tingo Group, Inc. (TIO) Q3 2023 Earnings Call Transcript
seekingalpha.com
2023-11-17 14:43:04Tingo Group, Inc. (NASDAQ:TIO ) Q3 2023 Results Conference Call November 14, 2023 8:00 AM ET Company Participants Kenneth Denos - Co-Chief Executive Officer Operator Greetings, and welcome to the Tingo Group Third Quarter 2023 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Tingo Group, Inc. Reports Third Quarter 2023 Financial Results
globenewswire.com
2023-11-14 07:00:00Net Revenues for the 9 Months Ended September 30, 2023 Amounted to $2.41 Billion Operating Profit for the 9 Months Ended September 30, 2023 Amounted to $492.5 Million and EBITDA 1 for the 9 Months Amounted to $777.9 Million Lease of 6 Million New Phones and Corresponding Customer Onboarding to Nwassa Platform Scheduled to Commence from December 2023 International Expansion Gaining Pace with Pilot Program Launch in Malawi and MOU Signed with Government of Pakistan for Nationwide Rollout Management to Host Conference Call Today at 8:00 a.m. Eastern Time MONTVALE, N.J.

All Farmers Association of Nigeria (AFAN) Exclusively Adopts Tingo Mobile's Nwassa Marketplace Platform for its Members
globenewswire.com
2023-11-13 08:30:00AFAN Launches Nationwide Marketing of the Nwassa Marketplace Platform to all its Members AFAN to Promote Nwassa Platform to its Farmers as their Recommended Method for the Purchase of Farming Inputs; Sale of Agricultural Produce; and Purchase of a Range of Value-added Services Six Million New Tingo Mobile Smartphones to be Leased by AFAN Beginning in December 2023 First Rice Harvest on Land Cultivated Through AFAN and Tingo Mobile Partnership Commenced, Plans to Increase Scope of the Program to Cultivate Larger Areas of Land Tingo Mobile, AFAN and PCX Partnership's Warehouse Network Now Being Utilized Nationwide MONTVALE, N.J., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that its trade partner, the All Farmers Association of Nigeria (“AFAN”), has formally adopted Tingo Mobile's Nwassa as its exclusive marketplace platform for its members.

Tingo Group to Host Third Quarter 2023 Results Conference Call on Tuesday November 14, 2023 at 8:00 a.m. Eastern Time
globenewswire.com
2023-11-09 08:00:00MONTVALE, N.J., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that it will hold a conference call on Tuesday November 14, 2023 at 8:00 a.m.

Tingo Group Signs Agreement with Governmental Body in Pakistan for Implementation and Rollout of Tingo's Businesses Throughout the Country
globenewswire.com
2023-10-24 11:30:00MONTVALE, N.J., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, food and commodity trading company, today announced that it has executed a Memorandum of Understanding (“MOU”) with the Khyber Pakhtunkhwa Information Technology Board (“KPITB”) to launch and roll out the Company's business and service offerings into Pakistan.

Tingo Group Opens New Headquarters for Africa to Facilitate Acceleration of Expansion Plans and Growth
globenewswire.com
2023-10-20 08:31:00MONTVALE, N.J., Oct. 20, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, food and commodity trading company, today announced the opening of a prestigious new Africa headquarters in Lagos, Nigeria.

Tingo Group Extends Redemption Period of Series B Preferred Stock to December 31, 2023
globenewswire.com
2023-09-29 08:00:00Conversion of Series B Preferred Stock Expected to Occur within Extended Forbearance Period Provides Update on Previously Announced Dividend MONTVALE, N.J., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, and food company, today announced it has entered into a new forbearance agreement with the holder of the Company's Series B Preferred Stock, under the terms of which the holder will extend the redemption period until at least December 31, 2023.

Tingo Group Launches Next Generation of TingoPay Super App
globenewswire.com
2023-09-14 08:30:00Full Version Launched on Both iOS and Android Following Successful Beta Test New Functions Including Retailer Voucher Cards, Educational and Exam Payments, Cable Television Subscriptions and Electricity Bill Payments Integrated Visa Debit Card, Digital Wallet and Bill Pay Through Tingo Mobile's Pan-African Partnership with Visa Visa Powered Merchant Services Aims to Transform Commerce and Trade Opportunities for Africa's Farmers and SME Businesses MONTVALE, N.J., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech and food company, today announced the launch of the next-generation version of its super app, TingoPay.

Tingo Group Issues Response to Short-Seller's Statement of September 5, 2023
globenewswire.com
2023-09-06 08:40:00Company Reiterates that the Detailed Investigation Completed on August 30, 2023 Disproved All the Short Seller's Allegations Against the Company Company Reiterates that the Detailed Investigation Completed on August 30, 2023 Disproved All the Short Seller's Allegations Against the Company

Tingo Group Issues Response Into Further Allegations Made Against the Company by Short-Seller
globenewswire.com
2023-09-01 12:05:00MONTVALE, N.J., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech and food company, today issues a response to further allegations made by short seller Hindenburg Research (“Hindenburg”) on August 31, 2023.
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Tingo Group, Inc. to File Form 25 to Voluntarily Delist its Common Stock from the Nasdaq Stock Market
globenewswire.com
2024-02-20 17:00:00MONTVALE, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) today announced that the Company intends to voluntarily terminate the listing of its common stock on the Nasdaq Stock Market (“Nasdaq”).

Tingo Group Receives Nasdaq Notification Relating to its Recently Filed Financial Statements Non-Reliance Disclosure
globenewswire.com
2024-01-12 13:00:00GlobeNewswire window.initGradientEffect = function () { } document.addEventListener('DOMContentLoaded', function () { const extendedTableZoomElements = document.querySelectorAll('.extended-table-zoom'); if (extendedTableZoomElements && extendedTableZoomElements.length > 0) { if (!window.Stickyfill) { setTimeout(() => { window.Stickyfill.add(extendedTableZoomElements); }, 500); } else { window.Stickyfill.add(extendedTableZoomElements); } } const socialMediaSideBarContainerElement = document.querySelectorAll('.social-media-side-bar-container'); if (socialMediaSideBarContainerElement && socialMediaSideBarContainerElement.length > 0) { if (!window.Stickyfill) { setTimeout(() => { window.Stickyfill.add(socialMediaSideBarContainerElement); }, 500); } else { window.Stickyfill.add(socialMediaSideBarContainerElement); } } }, false); window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-ERWPGTJ5X8'); Accessibility: Skip TopNav // used in ui component window.pnrApplicationSettings = { Application:"pnr", SelectedLocale: 'en-US', PnrHostUrl: 'https://www.globenewswire.com', IsAuthenticated: false, ContextUser: '', ApplicationUrl: 'https://www.globenewswire.com', PageContext: '', SubscriptionId: 0, SubscriptionName: '', ArticleLogoUrl: '', ArticleHeadline: '', IsMobileVersion: 'False' === "True" ? true : false, HideLanguageSelection : false, NewsSearchHeading: '', ArticleMediaAttachments: [], AuthSessionExpirationMinutes: '0', AppLogoUrl: 'https://www.globenewswire.com/content/logo/color.svg', ReaderForgotPasswordUrl: 'https://pnrlogin.globenewswire.com/en/reset/confirmresetpassword', ReaderRegisterUrl: 'https://pnrlogin.globenewswire.com/en/register', IsQuickSignInEnabled: true, ReaderAccountBaseUrl: '', articleSideBarSettings:{}, SiteSupportedLanguages: 'en,fr,de,es', CookieConsentSettings:{}, }; We're sorry, you encountered a page that doesn't exist.

What really happened to Dozy Mmobuosi Tingo Group stock?
invezz.com
2024-01-06 04:25:58Tingo Group (NASDAQ: TIO) stock price has been frozen in the past two months as woes in the company have intensified. After peaking at $5.69 in May 2023, the shares had crashed to $0.69, erasing over $3 billion in value.

Tingo Group Announces Interim Co-CEO to Temporarily Step Down by Mutual Agreement
globenewswire.com
2023-12-20 14:52:00MONTVALE, N.J., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), has today announced that Mr.

Tingo Group's Commitment to Corporate Social Responsibility and Sustainability Recognized with SERAS Africa CSR / Sustainability Awards Nominations
globenewswire.com
2023-12-05 10:00:00Five Nominations Include Best Company in Food Security and Best Company in Poverty Reduction Fellow Nominees Including Nestle, Unilever, Dangote Sugar, Anheuser-Busch's International Breweries, Fidelity Bank, Total Energies and Airtel MONTVALE, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that its Corporate Social Responsibility (CSR) and Sustainability efforts have been recognized through its nomination as a finalist in five categories at the 17th annual SERAS Africa CSR & Sustainability Awards.

Tingo Group Receives Nasdaq Request for Information Following Expiry of Securities & Exchange Commission's Temporary Suspension of Trading in the Company's Securities
globenewswire.com
2023-11-29 08:20:00Tingo Group Receives Nasdaq Request for Information Following Expiry of Securities & Exchange Commission's Temporary Suspension of Trading in the Company's

Tingo Group, Inc. (TIO) Q3 2023 Earnings Call Transcript
seekingalpha.com
2023-11-17 14:43:04Tingo Group, Inc. (NASDAQ:TIO ) Q3 2023 Results Conference Call November 14, 2023 8:00 AM ET Company Participants Kenneth Denos - Co-Chief Executive Officer Operator Greetings, and welcome to the Tingo Group Third Quarter 2023 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Tingo Group, Inc. Reports Third Quarter 2023 Financial Results
globenewswire.com
2023-11-14 07:00:00Net Revenues for the 9 Months Ended September 30, 2023 Amounted to $2.41 Billion Operating Profit for the 9 Months Ended September 30, 2023 Amounted to $492.5 Million and EBITDA 1 for the 9 Months Amounted to $777.9 Million Lease of 6 Million New Phones and Corresponding Customer Onboarding to Nwassa Platform Scheduled to Commence from December 2023 International Expansion Gaining Pace with Pilot Program Launch in Malawi and MOU Signed with Government of Pakistan for Nationwide Rollout Management to Host Conference Call Today at 8:00 a.m. Eastern Time MONTVALE, N.J.

All Farmers Association of Nigeria (AFAN) Exclusively Adopts Tingo Mobile's Nwassa Marketplace Platform for its Members
globenewswire.com
2023-11-13 08:30:00AFAN Launches Nationwide Marketing of the Nwassa Marketplace Platform to all its Members AFAN to Promote Nwassa Platform to its Farmers as their Recommended Method for the Purchase of Farming Inputs; Sale of Agricultural Produce; and Purchase of a Range of Value-added Services Six Million New Tingo Mobile Smartphones to be Leased by AFAN Beginning in December 2023 First Rice Harvest on Land Cultivated Through AFAN and Tingo Mobile Partnership Commenced, Plans to Increase Scope of the Program to Cultivate Larger Areas of Land Tingo Mobile, AFAN and PCX Partnership's Warehouse Network Now Being Utilized Nationwide MONTVALE, N.J., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that its trade partner, the All Farmers Association of Nigeria (“AFAN”), has formally adopted Tingo Mobile's Nwassa as its exclusive marketplace platform for its members.

Tingo Group to Host Third Quarter 2023 Results Conference Call on Tuesday November 14, 2023 at 8:00 a.m. Eastern Time
globenewswire.com
2023-11-09 08:00:00MONTVALE, N.J., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that it will hold a conference call on Tuesday November 14, 2023 at 8:00 a.m.

Tingo Group Signs Agreement with Governmental Body in Pakistan for Implementation and Rollout of Tingo's Businesses Throughout the Country
globenewswire.com
2023-10-24 11:30:00MONTVALE, N.J., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, food and commodity trading company, today announced that it has executed a Memorandum of Understanding (“MOU”) with the Khyber Pakhtunkhwa Information Technology Board (“KPITB”) to launch and roll out the Company's business and service offerings into Pakistan.

Tingo Group Opens New Headquarters for Africa to Facilitate Acceleration of Expansion Plans and Growth
globenewswire.com
2023-10-20 08:31:00MONTVALE, N.J., Oct. 20, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, food and commodity trading company, today announced the opening of a prestigious new Africa headquarters in Lagos, Nigeria.

Tingo Group Extends Redemption Period of Series B Preferred Stock to December 31, 2023
globenewswire.com
2023-09-29 08:00:00Conversion of Series B Preferred Stock Expected to Occur within Extended Forbearance Period Provides Update on Previously Announced Dividend MONTVALE, N.J., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech, and food company, today announced it has entered into a new forbearance agreement with the holder of the Company's Series B Preferred Stock, under the terms of which the holder will extend the redemption period until at least December 31, 2023.

Tingo Group Launches Next Generation of TingoPay Super App
globenewswire.com
2023-09-14 08:30:00Full Version Launched on Both iOS and Android Following Successful Beta Test New Functions Including Retailer Voucher Cards, Educational and Exam Payments, Cable Television Subscriptions and Electricity Bill Payments Integrated Visa Debit Card, Digital Wallet and Bill Pay Through Tingo Mobile's Pan-African Partnership with Visa Visa Powered Merchant Services Aims to Transform Commerce and Trade Opportunities for Africa's Farmers and SME Businesses MONTVALE, N.J., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech and food company, today announced the launch of the next-generation version of its super app, TingoPay.

Tingo Group Issues Response to Short-Seller's Statement of September 5, 2023
globenewswire.com
2023-09-06 08:40:00Company Reiterates that the Detailed Investigation Completed on August 30, 2023 Disproved All the Short Seller's Allegations Against the Company Company Reiterates that the Detailed Investigation Completed on August 30, 2023 Disproved All the Short Seller's Allegations Against the Company

Tingo Group Issues Response Into Further Allegations Made Against the Company by Short-Seller
globenewswire.com
2023-09-01 12:05:00MONTVALE, N.J., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable and fast growing fintech, agri-fintech and food company, today issues a response to further allegations made by short seller Hindenburg Research (“Hindenburg”) on August 31, 2023.