|
| Friday, 25 June 2021, 12:06 HKT/SGT | |
| |
|
|
|
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 © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| |
Latest Press Releases
Kangji Medical Receives Privatisation Proposal from a Consortium Led by Kangji Medical's Chairman, Zhong Ming, TPG and QIA to Advance Long-Term Strategic Vision
Aug 13, 2025 23:21 HKT/SGT
|
|
|
GEON Performance Solutions Achieves Great Place to Work Recognition Globally Second Year in a Row
Aug 13, 2025 23:18 HKT/SGT
|
|
|
AI Inference vs. AI Training: What Are the Differences?
Aug 13, 2025 23:03 HKT/SGT
|
|
|
Shoucheng Joins World Humanoid Robot Games - 88 Spectators Invited
Aug 13, 2025 22:33 HKT/SGT
|
|
|
MMG Announces 2025 Interim Results, Profit, Earnings and Cash up on Strong Copper Growth
Aug 13, 2025 22:31 HKT/SGT
|
|
|
Formerra Becomes North American Distributor for Syensqo PVDF
Aug 13, 2025 21:32 HKT/SGT
|
|
|
China Lilang Announces 2025 Interim Results
Aug 13, 2025 21:30 HKT/SGT
|
|
|
NMPA Accepted Essex's Biologics License Application for EB12-20145P (HLX04-O) for the Treatment of Wet Age-Related Macular Degeneration
Aug 13, 2025 20:24 HKT/SGT
|
|
|
AsiaMedic Reports 26% Revenue Growth to S$16.6 million in 1H2025, Led by Strong Diagnostic Imaging Performance
Aug 13, 2025 14:00 HKT/SGT
|
|
|
74th China (Linyi) International Hardware Expo to Open September 5-7, 2025 in Shandong
Aug 13, 2025 12:00 HKT/SGT
|
|
|
|
|
More Press release >> |
|
|
|
