Eagle-eyed investors may have noticed Crowd Media’s (ASX: CM8) December Quarter results where the artificial intelligence company flagged its plans to take on $5 billion chatbot company LivePerson (NASDAQ: LPSN) in a modern-day David vs Goliath scenario. On their own, Crowd Media (which is valued around $30 million) is unlikely to tackle a global behemoth.
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Artificial intelligence and eCommerce company Crowd Media (ASX: CM8) has kicked another major goal in their corporate turnaround strategy, today clearing their $1.67m debt facility just one week after launching a beta version of their AI, 12 months ahead of schedule. The facility relates to some legacy debt prior to the arrival of Chairman Steven
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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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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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With online retail thriving through the pandemic, eCommerce company Crowd Media (ASX: CM8) is set to build on their strong FY20 performance having entered into a partnership with US-based Teadora Inc to market natural Brazilian beauty products through Europe, including the Amazon EU marketplace. Leveraging their extensive network of more than 1,000 social influencers, Crowd
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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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