Bullboard - Stock Discussion Forum Adrabbit Ltd V.RABI

Technology Software - Application

Adrabbit Ltd, former AppsVillage Australia Limited is an Israel-based company that has developed a Software-as-a-Service (SaaS) cloud-based platform that provides small-to-medium businesses with a way to develop their own branded mobile business applications as a means of connecting with their clients. The Company’s platform enables small-to-medium businesses to create, manage and share their... see more

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Adrabbit Ltd > Tiktok Can't Reveal "Exact" Commercial Terms

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Post by Loony on Apr 24, 2023 9:41pm

Tiktok Can't Reveal "Exact" Commercial Terms

https://www.fool.com.au/2020/12/03/appsvillage-asxapv-share-price-rockets-134-higher-on-tiktok-agreement/

Management expects to achieve a gross profit on every advertisement made via JARVIS on TikTok. And while it couldn’t reveal the exact terms for commercial reasons, it expects to add “between 15-30% of the amount charged by TikTok to the Company.”