English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 25 June 2021, 12:06 HKT/SGT
Share:
Joy Spreader Matches E-Commerce Transactions for GMV of HK$350M (approx) during the DouYin 618 Shopping Festival

HONG KONG, June 25, 2021 - (ACN Newswire) - In the morning on June 25th, 2021, the Board of Joy Spreader (6988.HK), a Hong Kong publicly traded company, made a voluntary announcement regarding its latest business performance and development that the Company has dedicated to serving the "618" e-commerce shopping festival on DouYin this year.

The announcement says that according to the Company's records and database, during the period of promotion event starting from June 1st to June 18th, Joy Spreader completed transaction matching with a total gross merchandise value (GMV) of approximately $350 MM HKD on DouYin short video platform.

DouYin together with other short video e-commerce platforms delivered remarkable achievements on their debuts to participate in the "618" Shopping Spree this year. As a significant pillar in performance-based marketing of e-commerce, Joy Spreader commits that it will continuously utilize its data-driven algorithm and interest recommendation technology to serve the escalating demand of consumption of mobile interest while enhancing its marketing technology to maximize a better commerce value by matching clients' product portfolio and the fast-growing mobile new media content spectrum.

As the first mover in the short video e-commerce marketing technology, Joy Spreader enjoys and synchronizes a positive dynamic together with the exponential development in the corresponding industry domestically, and considers it as an integral and crucial component of the Company's business perspectives. Based on the financials, the Company generated net revenue of $119 MM HKD from performance-based marketing on short video e-commerce, representing a 353.86% year-over-year growth.


Topic: Press release summary Sectors: Media & Marketing, Cloud & Enterprise, Advertising
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
TANAKA Successfully Develops the World's First[1] Manufacturing Technology for Platinum Materials with Nano-Sized Crystal Grains  
Friday, November 15, 2024 3:00:00 AM
The South Africa Manufacturing Show has announced the honorees for the esteemed Manufacturing 50 Awards  
Nov 15, 2024 00:12 HKT/SGT
Lexaria Signs Contract for New DehydraTECH GLP-1 Biodistribution Study  
Nov 14, 2024 22:10 HKT/SGT
Military Metals Announces LOI to Acquire Past-Producing Last Chance Antimony-Gold Property, near Round Mountain, Nevada  
Nov 14, 2024 21:39 HKT/SGT
Explore the Next Era of DevOps at Exito's DevOps Summit in Dubai  
Nov 14, 2024 21:04 HKT/SGT
MINGAONE Unveils Direct-to-Accommodation Red Ginseng Delivery Service for Foreign Tourists in Korea  
Nov 14, 2024 20:00 HKT/SGT
myBillBook Leverages CleverTap to Elevate Customer Engagement and Drive Revenue Growth  
Thursday, November 14, 2024 7:00:00 PM
Doubleview Gold Corp Announces Closing of Private Placement for Total of $4,027,000  
Nov 14, 2024 18:39 HKT/SGT
Disney Dream Reimagined! New Little Mermaid Wedding Ring Collection  
Nov 14, 2024 14:00 HKT/SGT
Academic Labs, the Pioneering Crypto Platform Achieves a $300M at Its ICO  
Nov 14, 2024 09:00 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575