Having raised $40 million from their IPO which would give Mydeal.com.au (ASX: MYD) an implied market capitalisation of $258.8m, investors that missed out on the IPO offer have hit the ASX boards in droves to open MYD shares at $1.80, a rise of 80% on their $1 IPO Offer Price. The demand for MYD shares
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After making a strategic investment to secure 8% of tech company Forever Holdings, Crowd Media (ASX: CM8) CEO Domenic Carosa caught up with Emerald Financial’s Bronte Moore to discuss the investment rationale and how Crowd sees influencer marketing advancing in the post-COVID world where eCommerce and online shopping has surged through the pandemic. Click below
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eCommerce company, MyDeal.com.au limited (Proposed ASX: MYD), is set to list on October 25, with the offer formally closing this week. MyDeal.com.au is looking to raise A$40M, asking $1 per share with $5M of the funds in a payback to existing shareholders. Upon completion of the offer, mydeal.com.au will have an indicative market cap of
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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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