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An announcement from MiMedia Holdings Inc ( (TSE:MIM) ) is now available.
MiMedia Holdings Inc is expanding its partnership with AppLovin to optimize the monetization of its advertising platform, as millions of smartphones with MiMedia’s cloud platform are rolled out. This collaboration aims to enhance mobile advertising revenue streams and successfully utilize AppLovin’s AI-powered solutions to achieve solid Average Revenue Per User metrics. The partnership is key to MiMedia’s strategy to grow its advertising offerings and meet its expansion projections.
More about MiMedia Holdings Inc
MiMedia Holdings Inc provides an AI-based next-generation consumer cloud platform that secures personal media in the cloud, allowing seamless access across all devices and operating systems. The company’s platform is distinguished by its rich media experience, robust organization tools, private sharing capabilities, and advanced AI technologies that enhance content re-engagement. MiMedia partners globally with smartphone makers and telecom carriers, offering recurring revenue, customer retention, and market differentiation.
YTD Price Performance: 76.92%
Average Trading Volume: 159,519
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$32.06M
Learn more about MIM stock on TipRanks’ Stock Analysis page.