"Zoomd Technologies has announced a strategic partnership with E2-Quadrat communications, a leader in digital marketing for the sports and betting industry. This collaboration aims to leverage Zoomd's user acquisition technologies and E2's industry expertise to expand their reach in high-growth verticals. The partnership is expected to enhance customer acquisition results for sportsbook operators globally, with E2 offering Zoomd's services to its clients. This move aligns with Zoomd's strategy to diversify its customer base and enter new market segments, potentially unlocking significant growth opportunities."
"Zoomd Technologies Ltd., established in 2012 and listed on the TSX Venture Exchange since 2019, is a marketing technology company specializing in mobile app user-acquisition platforms. It integrates with global digital media outlets to provide a unified view of multiple media sources, serving as a comprehensive user acquisition control center for advertisers. This platform streamlines campaign management, enhances data collection,"
Zoomd Technologies entered a strategic partnership with E2-Quadrat to apply Zoomd's user-acquisition technology and E2's sports-and-betting marketing expertise to high-growth verticals. The collaboration intends to improve customer acquisition outcomes for sportsbook operators worldwide and to have E2 offer Zoomd's services to its client base. Zoomd pursues diversification of its customer base and expansion into new market segments as a growth strategy. Analysts place a Buy rating with a C$2.50 price target and TipRanks' AI gives an Outperform. Financial performance and valuation look favorable, while technical indicators show bullishness tempered by overbought signals.
Read at TipRanks Financial
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