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A walk down memory lane of 2014

   Category: Highlights |

2014 is has come to an end! So Churpers, how has this year treated you so far?

It has been a year full of ups and downs, however we would like to express our gratitude to your endless support for ChurpChurp! So, thank you Churpers for making this year a memorable one.

That being said, let’s all walk down memory lane together to recap and reminisce of all the exciting events and good time spent together this year!

1. In January, we held our very second #CNYCHURPOUT with Tiger Radler at The Tavern! It was one exciting event with lots of games and lou sang tossing!

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2. Wait, we did not only have one, but TWO #CNYCHURPOUT this year. Hence, we ended Chinese New Year with a bang with Tesco Online @ Bankers Room.

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3. Next up in March, our Churpers had the challenge of their lives trying to escape themselves at the Escape Room with ChurpChurp!

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4. As for the music-lover Churpers, we had Alex Goot & Against The Current LIVE in KL in store for them in August!

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5. We even had #CHURPOUTInTheDark in October where we went through a truly inspiring journey of living in darkness for one evening.

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6. Our Churpers were in for a laugh as they solved a murder mystery case of WHODUNIT at Shear Madness Malaysia with ChurpChurp in . That’s some real crimedy right there! =P

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7. Even our Churpies get to have fun! We had an internal Christmas party, the Nuffies X-Mas 2014! With secret santas, pot luck and a childrens’ theme, our Christmas was indeed an awesome one.

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That, Churpies, concludes 2014 for ChurpChurp Malaysia! We hope you enjoyed your journey with us from all the exciting Churpremieres, contests and events! We hope that 2015 will be a better year for us all and we can’t wait to share all of our plans with you =)!

HAPPY NEW YEAR!

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With lots of love,
The ChurpChurp Team



A Peek Into Nuffnang’s Financials

   Category: Announcement |

Hello Everyone,

Today, as I was updating my personal plans for 2015, I received news that misinformation about Nuffnang, one of Netccentric’s core businesses, has been spreading on social media.

I’m intrigued by the sudden interest in the financial aspects of our businesses, especially as we count down to the New Year, and thought it presented a WONDERFUL OPPORTUNITY to share, with those interested, MORE!

All information that I’m sharing with you today is publicly available, but the purpose of this clarification is to tell you WHERE to look. ☺

What is Netccentric?

Netccentric is the group of businesses that both Timothy Tiah and I founded in 2006. We started it with S$65,800.

  1. We have offices in Singapore, Malaysia, Thailand, Philippines, Australia, China and the UK.
  2. We have about 200 full-time employees.
  3. Netccentric has over a dozen social media-related subsidiaries including: Nuffnang, ChurpChurp, Ripplewerkz, Reelity.TV and, mobile blogging application, Dayre.
  4. We have not received any outside funding.
  5. We have no loans from banks or financial institutions.
  6. The company has grown organically using self-generated profits over the years.
  7. No further capital was injected, hence our paid up capital of Netccentric is still $65,800.

Below, is a simplified corporate organizational chart of our company.

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Why talk about Netccentric when people are asking about Nuffnang?

Without doubt, Nuffnang is the most recognizable brand within the Netccentric group.

However, Nuffnang tells only one part of the story.

Because of how we have structured the companies, its financial health, and that of the group, can only be ascertained by understanding Netccentric Pte Ltd’s CONSOLIDATED group numbers.

WOW! Does that mean you are going to tell me how much Netccentric makes and has in the bank account?

Erm, no.

The group has a complicated structure with lots of accounting and reporting lines.

There is no requirement for the group to be audited, so we only have internal consolidated numbers, which are for internal consumption.

Then what are you going to give us!!!???

I will give you just a snapshot of our business’s performance in two key markets: Singapore and Malaysia. (A significant proportion of our revenue comes from five other countries BUT I’m happy to share our Singaporean and Malaysian figures.)

Netccentric, Nuffnang, now Nom Nom???

As I mentioned before, we have over a dozen subsidiaries, so it’s not easy to explain.

But, in Singapore and Malaysia, ALL REVENUE that we make for NUFFNANG AND CHURPCHURP, is billed through NOM NOM MEDIA.

We consider revenue from Churpchurp as relevant, because Nuffnang sells our influencers’ blogs, but Churpchurp handles all their other social media platforms. Revenue from Reelity.TV is negligible at this point, since it is a startup.

Nom Nom Media, the official digital media reseller for Nuffnang and ChurpChurp in Singapore and Malyasia, is a fully-owned subsidiary of Netccentric.

Put another way, Nom Nom Media is the sales agent of Nuffnang and ChurpChurp in Singapore and Malaysia.

Below is a chart that illustrates the relationship between Nom Nom, Nuffnang, ChurpChurp, and ReelityTV.

 

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As you can see, all money received for influencer marketing campaigns is billed through Nom Nom Media. The profit we make, therefore, does not rely on one company, but all three together. At the same time, our cash in bank balances, should be a sum of all three and not one.

The numbers

Below a snapshot of the numbers. You’re welcome to purchase a full set from the official registries.

Revenue FY2013*

Nom Nom Media Malaysia- RM 10,894,902
Nom Nom Media Singapore- SGD 1,810,621

Profit FY2013*

Nom Nom Media Malaysia- RM 358,585
Nom Nom Media Singapore- SGD 69,787

Cash in bank as of 31 December 2013*

Nom Nom Media Malaysia-  RM 526,969
Nuffnang Malaysia- RM 157,338
ChurpChurp Media Malaysia- RM 226,928

Nom Nom Media Singapore- SGD 64,024
Nuffnang Singapore- SGD 26,899
Churpchurp Singapore- SGD45,421

*Numbers are based on 31 December 2013 accounts as audited by K J Tan & Co in Singapore and Ahmad Abdullah and Goh in Malaysia.

What about 2014?

2014 has been an extraordinary year for Netccentric.

We have seen GROUP CONSOLIDATED Revenues rise in excess of 25%! (I’m being conservative, because they are unaudited as yet.) Profits have seen EVEN BETTER growth.

All of this has been achieved on the back of a diversified business built on sound values and principles, a wonderful and dynamic young team, and our industry partners and clients.

Final note

Writing out this note at the end of the year with so much happening around us has left me in a pensive mood.

I am happy and proud of our achievements as a company, but all this must be taken in context of what is happening elsewhere.

I am proud that a staff-driven initiative for Malaysian flood relief has been executed on our Nuffnang Malaysian blog network just today. I do hope it will drive donations and awareness to our chosen partner charity, Mercy Malaysia.

In addition to that, I ask you all, to give a moment of prayer and thought for the families and loved ones of the victims on board Air Asia QZ8501.

I wish one and all, safe travels, a joyful New Year celebration with your families, and a splendid 2015.

Yours Sincerely,
Cheo Ming Shen
CEO
The Netccentric Group

 



#BantuanBanjir

   Category: Uncategorized |

Every year, Malaysia experiences flooding on the East coast due to the annual northeast monsoon. However, over the past few weeks, states such as Terengganu, Kelantan and Pahang have been hit by non-stop downpour leaving the entire East coast a muddy sea. From severe flash flooding to terrible landslides, this is one of the worst flooding we have seen in decades. This has forced over 200,000 people to evacuate from their homes with a shortage of food and water supplies.

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Source: The Malay Mail Online

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Source: The Star Online

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Source: The Star Online

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Source: The Star Online

In bad times such as this, let’s all lend a helping hand and share our thoughts and prayers to the victims of the Malaysian floods. We hope all of you Churpers can aid those in need by donating to MERCY Malaysia flood relief fund!

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Churpers! MERCY Malaysia is currently conducting a donation drive to raise funds for the flood victims. The donation fund will be used to save the lives of those who are in need. You could lend a helping hand by visiting MERCY Malaysia’s Facebook page to find out more details on how you can donate and contribute in the effort to help the flood victims.

That said, there are also other charities that you can engage in this time of urgency where monetary and non-monetary donations are accepted. You can do so at: https://www.malaysiakini.com/news/284682!

Every donation counts, no matter what the amount to help the people in Malaysia who are affected by this calamity. We at ChurpChurp would like to thank you for every effort in helping our fellow Malaysians.

 

 



#Churpremiere – Into The Woods

   Category: Churpremiere |

We all grew up with Disney movies. Without Disney, we wouldn’t have classics like Cinderella, Snow White,  Rapunzel, Jack & The Beanstalk and such. Ever wanted a motion picture movie featuring all your favourite childhood Disney heroes crossing paths with each other?

Churpers, relive your Disney memories and go on an adventure with your favourite Disney heroes in this Golden Globe Nominated movie at the #Churpremiere of #IntoTheWoods. Read on to find out more!

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Synopsis

“Into the Woods” is a modern twist on the beloved Brothers Grimm fairy tales, intertwining the plots of a few choice stories and exploring the consequences of the characters’ wishes and quests.

INTO THE WOODS

This humorous and heartfelt musical follows the classic tales of Cinderella, Little Red Riding Hood Jack and the Beanstalk and Rapunzel—all tied together by an original story involving a baker and his their wish to begin a family and their interaction with the witch who has put a curse on them.

INTO THE WOODS

Rob Marshall, the talented filmmaker behind the Academy Award®-winning musical “Chicago” and Disney’s “Pirates of the Caribbean: On Stranger Tides,” helms the film, which is based on the Tony®-winning original musical by James Lapine, who also penned the screenplay, and legendary composer Stephen Sondheim, who provides the music and lyrics.

INTO THE WOODSAre you excited yet Churpers? Because we definitely are! Here’s a trailer to hype you up:

Thanks to Walt Disney Studio Malaysia, ChurpChurp is giving away 25 pairs of exclusive tickets for you to watch Into The Woods on the big screen! Details of the #Churpremiere are as below:

#Churpremiere – Into The Woods
Date: 12th January 2015 (Monday)
Time: 9:20pm
Venue: GSC Nu Sentral

Hold up Churpers! There’s more, we have some exclusive, limited-edition Into The Woods premiums to give away! Check out what you could be bringing home soon:

4 X Into The Wood’s Canvas Bag worth 

4 X Into The Wood’s Musical Notebook worth 

4 X Into The Wood’s Memo Pad Set worth 

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THE CONTEST

To win a pair of tickets to the #Churpremiere of Into The Woods, here’s what you have to do:

1) Answer this question in a comment on our blog below:

“Who is your favourite Disney character in this movie and why?” (Be creative)

‘Totally love Cinderella because I absolutely adore Anna Kendrick!’

2) Finally, remember to fill in the form below to submit your entry! You may submit as many unique entries as you like.

#Churpremiere - Into The Woods

"No one is alone"
  • As registered in your I/C
  • As registered with ChurpChurp

The 25 Churpers with the most creative comments on our blog will each win a pair of passes (2 passes) to this screening this #Churpremiere.

Terms and conditions:
1) This movie screening is open to existing ChurpChurp users in Malaysia.

2) To participate, Churpers are required to comment on ChurpChurp’s Blog (comment section) and fill in the contest form above with the stated conditions. Only complete contest entries are accepted and eligible for participation.

3) Invites will be sent out via email to winners by 5th January 2015 (Monday) and will require confirmation of attendance by 9th January 2015 (Friday). Winners who fail to confirm their attendance by the deadline will have their invites allocated to the next Churper.

4) Judges’ decisions are final and not disputable.

5) ChurpChurp reserves the right to amend the Terms and Conditions without prior notice.



#Churpremiere – Tak3n

   Category: Uncategorized |

“It Ends Here”

Taken 1 and Taken 2 have been such a kick ass movie! Right now, the wait is over and as how Liam Neeson quotes it “It Ends Here!” We definitely can’t wait for the final sequel of this oh-so-awesome movie!

Churpers, get ready for the final sequel of Taken at the #Churpremiere of Taken 3!

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Synopsis:

Liam Neeson returns as ex-covert operative Bryan Mills, whose reconciliation with his ex-wife is tragically cut short when she is brutally murdered. 

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Consumed with rage, and framed for the crime, he goes on the run to evade the relentless pursuit of the CIA, FBI and the police.

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For one last time, Mills must use his “particular set of skills,” to track down the real killers, exact his unique brand of justice, and protect the only thing that matters to him now – his daughter.

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Churpers, are you excited yet? If not wait till you watch the trailer!

Thanks to 20th Century Fox,  ChurpChurp is giving away 49 pairs of passes for you to watch Taken 3 on the big screen! Details of the #Churpremiere are as below:

#Churpremiere of Taken 3

Date: 6th January 2015 (Tuesday)

Time: 9:15PM

Venue: GSC Quill City Mall

THE CONTEST

To win a pair of tickets to the #Churpremiere of Taken 3

1) Answer this question on our ChurpChurp Blog:

If you were to be chased by policemen and a group of mafias, what will you do? Be creative!

Example: ‘I will convince the policemen that I did not do it and I will hunt the mafias and let them have a taste of their own medicine!’ =D

2) Finally, remember to fill in the form below to submit your entry! You may submit as many unique entries as you like.

#Churpremiere - Tak3n

"It Ends Here"
  • As registered in your I/C
  • As registered with ChurpChurp

The 49 Churpers with the most creative blog comment will each win a pair of passes (2 passes) to this screening this #Churpremiere.

Quick submit your entries to catch the final sequel of Taken 3!

Terms and conditions:
1) This movie screening is open to existing ChurpChurp users in Malaysia.

2) To participate, Churpers are required to comment on ChurpChurp’s Blog and fill in the contest form above with the stated conditions. Only complete contest entries are accepted and eligible for participation.

3) Invites will be sent out via email to winners by 31st December 2014 (Wednesday) and will require confirmation of attendance by 2nd  January 2015 (Friday). Winners who fail to confirm their attendance by the deadline will have their invites allocated to the next Churper.

4) Judges’ decisions are final and not disputable.

5) ChurpChurp reserves the right to amend the Terms and Conditions without prior notice.