Having undergone their own business transformation over the past 12 months, eCommerce and artificial intelligence company Crowd Media (ASX: CM8) has capitalised on a corporate restructure from one of their partners to acquire trendy German accessories brand I AM KAMU for 1 Euro. The nominal cash acquisition will primarily be supported by 5% profit royalties
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Tech and eCommerce company Crowd Media (ASX: CM8) is forging ahead with their vision of conversational commerce by securing equity in a vital tech partner that develops visual projections which, when coupled with Crowd’s artificial intelligence, can deliver the ‘Holy Grail’ of influencer marketing. The $365k investment in Forever Holdings will give Crowd Media 8%
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Tech and eCommerce company Crowd Media (ASX: CM8) is continuing to grow its burgeoning stable of brand partnerships that bring popular consumer goods to Europe with US-based skincare company MD Complete the latest to utilise Crowd’s influencer network in a lucrative market. The 3-year exclusive distribution agreement will see Crowd Media market MD Complete’s Dermatologist-formulated
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Through a year of business transformation, eCommerce and tech company Crowd Media (ASX: CM8) has delivered a $2.8 million financial turnaround which has seen major developments in their retail network and AI tech which is handling 60% of customers. Cost cutting and streamlining of operations have been a focus for Crowd through FY20 with the
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Following news of a $2.7 million financial turnaround since Crowd Media (ASX: CM8) underwent a business transformation to capitalise on their social commerce and influencer marketing network, CEO Domenic Carosa caught up with Emerald Financial’s Bronte Moore to update investors on Crowd’s plans for FY21 and beyond. Click below to watch the update. Investors can
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Digital marketing and eCommerce company Crowd Media (ASX: CM8) has reported a significant financial turnaround with the company expected to report positive underlying EBITDA for FY20 which represented a $2.7m turnaround for the microcap. The turnaround from a $2.6m loss in underlying EBITDA in FY19 comes in line with the appointment of industry leader Steven
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