Bidstack Group PLC Asia-Pacific enterprise software deal
2022年7月11日 - 3:00PM
RNSニュース (英語)
TIDMBIDS
Bidstack Group PLC
11 July 2022
REACH ANNOUNCEMENT
11 July 2022
Bidstack Group Plc
("Bidstack" or the "Company" or the "Group")
Asia-Pacific enterprise software deal
Bidstack Group Plc (AIM: BIDS), the in-game brand activation
platform, is pleased to announce a new commercial partnership for
its Bidstack Technologies division.
A leading Asia-Pacific mobile marketing technology company has
contracted to white-label Bidstack Technologies' supply side
platform ("SSP"). They will utilise the platform to create their
own in-game advertising business adding both advertisers and
publishers & developers, which is expected to create a passive,
recurring revenue stream for the Group going forward.
The agreement commences immediately and is for a term of
3-years.
Bidstack Technologies is a division of the Bidstack Group
focused on creating additional revenue streams for the Company
through utilising Bidstack's product suite to empower game
developers, platforms, advertising technology companies and
commercial rights holders across monetisation, in-house marketing
and data & reporting.
James Draper, CEO of Bidstack said:
"The commercial partnership announced today is our first
tangible step in the diversification of the Group's revenue. This
is our first technology white-labelling deal which also provides
the Group with direct exposure to the growing Asia-Pacific market,
which represents half of the video gamers worldwide.
"This deal will generate passive revenue share for the Group
where our technology will be utilised to allow our partners to
build their own in-game advertising business, onboarding both the
games as well as driving their own sources of advertising revenue.
This new passive revenue stream is additional to the advertising
revenue currently arising in our media business.
"We believe that our pipeline for enterprise technology sales is
robust across a broad customer base which includes publishers &
developers, platforms, IP and rights holders and esports
teams."
-ENDS-
Contacts
Bidstack Group Plc
James Draper, CEO via Buchanan
SPARK Advisory Partners Limited (Nomad) +44 (0) 203 368
Mark Brady / Neil Baldwin / James Keeshan 3550
Stifel Nicolaus Europe Limited (Broker) +44 (0) 20 7710
Fred Walsh / Tom Marsh 7600
Buchanan Communications Limited
Chris Lane / Stephanie Whitmore / Kim
van Beeck +44 (0) 20 7466
bidstack@buchanan.uk.com 5000
About Reach announcements
Reach is an investor communication service aimed at assisting
listed and unlisted (including AIM quoted) companies to distribute
media only/non-regulatory news releases such as marketing messages,
corporate and product information into the public domain. An RNS
Regulatory announcement is required to be notified under the AIM
Rules for Companies.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAFBLLFLDLZBBF
(END) Dow Jones Newswires
July 11, 2022 02:00 ET (06:00 GMT)
Kin (LSE:KIN)
過去 株価チャート
から 5 2024 まで 6 2024
Kin (LSE:KIN)
過去 株価チャート
から 6 2023 まで 6 2024