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Wishpond Technologies Ltd V.WISH

Alternate Symbol(s):  WPNDF

Wishpond Technologies Ltd. is a Canada-based company. The Company is a provider of marketing-focused online business solutions. It provides digital marketing solutions that enable entrepreneurs to achieve success online. The Company's Propel IQ platform offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, advertisement management, referral marketing, sales conversion and outbound sales automation capabilities on one integrated platform. It serves customers who are primarily small and medium-sized businesses (SMBs) in a variety of industries. The Company has developed marketing technology solutions, including an artificial intelligence (AI) powered Website builder, and continues to add new features and applications. It employs a Software-as-a-Service (SaaS) business model where most of the Company's revenue is subscription-based recurring revenue, which provides revenue predictability and cash flow visibility.


TSXV:WISH - Post by User

Post by retiredcfon Sep 01, 2021 10:27am
182 Views
Post# 33793921

Globe & Mail

Globe & Mail

08:52 AM EDT, 09/01/2021 (MT Newswires) -- Digital marketing platform operator Wishpond Technologies (WISH.V), which lost 4.5% here yesterday, on Wednesday reported the completion of the acquisition of certain assets and specific liabilities from AtlasMind Inc. (d/b/a) Brax.io.

The company's stock fell 5.3% in early Frankfurt trading on Wednesday.

Brax is a software-as-a-service business that is expected to be immediately accretive to Wishpond, the company said. The company tapped its former Vice President of Marketing Kevin Ho to lead Brax as general manager.

Brax offers an advertising platform for the management of a company's digital ads across multiple sources.

Price: 1.4900, Change: -0.0700, Percent Change:

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