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Bambuser Continues US Growth - Enters into Agreement with Fashion Discovery Platform Moda Operandi
Bambuser has today signed a new agreement with Moda Operandi, Inc. regarding Live Video Shopping for retail. The agreement initially runs for six months and is based on a fixed monthly license fee, as well as a variable part depending on usage. The variable part cannot be estimated in advance as it is customer specific and is driven by a combination of a number of different parameters.
The parameters included are the number of markets, brands, viewers and view length, broadcasts and broadcast length, transmitted data volume, stored data volume for previously performed broadcasts, desired video quality, and any additional services. The majority of the contract value is expected to be derived from the variable part. As a result, Bambuser cannot today assess the size of the fixed part in relation to the total contract value.
, says Maryam Ghahremani , CEO of Bambuser.
Maryam Ghahremani , CEO | +46-8-400-160-02 | maryam@bambuser.com
or visit bambuser.com/ir
Erik Penser Bank AB | +46-8-463-83-00 | certifiedadviser@penser.se
was founded in 2007 as the world's first company with a platform for interactive mobile live video broadcasting and is a leading supplier in the live video segment. In 2019, Bambuser introduced Live Video Shopping, which enables live shopping directly on the brand's website. Bambuser is listed on the Nasdaq First North Growth Market and is headquartered in
Stockholm .
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https://news.cision.com/bambuser/r/bambuser-continues-us-growth---enters-into-agreement-with-fashion-discovery-platform-moda-operandi,c3152342
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