Baosheng Media Expands its Ocean Engine Business
07 Setembro 2021 - 9:00AM
Baosheng Media Group Holdings Limited (Nasdaq: BAOS) (the
“Company”), a China-based online marketing solution provider, today
announced that the Company had established new partnerships with
well-known companies in the e-commerce, real estate, automobile,
gaming, education, finance and healthcare industries, to provide
these clients with in-feed advertising services and thereby
expanding its mobile marketing platform, Ocean Engine.
With its experience in online marketing
management and sharp market insights, the Company acquired several
new customers, many of which are influential companies in their
respective industries. New customers of the Company's in-feed ads
business on Ocean Engine in 2021 include:
-
5I5J Holding Group Co., Ltd., one of the largest
real estate brokerages in China.
-
Shanghai Seven Cats Culture Media Co., Ltd., a developer of reading
app in China.
-
Hangzhou Kaikeba Technology Co., Ltd., an online vocational
education platform in China.
-
Shanghai Junzheng Network Technology Co., Ltd., developer of the
app Hellobike, a platform driven shared travel solution provider in
China.
- Beijing Jinhai Qunying Network Information Technology Co.,
Ltd., a wedding consumption platform in China.
Ocean Engine is a mobile marketing platform that helps clients
advertise their products on Bytedance’s apps such as Toutiao, one
of China’s largest mobile platforms of content creation,
aggregation and distribution, and Douyin, known as TikTok outside
of China, one of the largest short-form video platforms in the
world. With the services provided by Ocean Engine, clients can
reach their targeted audience based on their age, gender, and
income level.
Ms. Wenxiu Zhong, Chairwoman and CEO of the
Company, commented, “We are excited to have established
partnerships with new customers this year. These well-known
companies will consolidate the already solid foundation for the
Company's strategic layout of business on Ocean Engine. Looking
forward, we will continue to improve our professional services and
innovate our businesses to bring customers more efficient service
conversion results and improve their brand awareness.”
About Baosheng
Media Group Holdings Limited
Baosheng Media Group Holdings Limited,
headquartered in Beijing, China, is an online marketing solution
provider in China. The Company advises advertisers on online
marketing strategies, offers value-added advertising optimization
services and facilitates the deployment of online ads of various
forms such as search ads, in-feed ads, mobile app ads and social
media marketing ads. The Company is dedicated to helping its
advertiser clients manage their online marketing activities with a
view to achieving their business goals. For more information, visit
the company’s website
at http://ir.bsacme.com/.
Forward-Looking Statements
All statements other than statements of
historical fact in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current
expectations and projections about future events and financial
trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as "may," "will," "expect," "anticipate,"
"aim," "estimate," "intend," "plan," "believe," "potential,"
"continue," "is/are likely to" or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company’s registration statement and in its other filings with the
SEC.
For more information, please contact:
Ascent Investors Relations LLCTina
XiaoPresidentPhone:
917-609-0333Email: tina.xiao@ascent-ir.com
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