NameSilo Technologies Corp. increases investment in Ola Media Innovations
VANCOUVER, BC, Feb. 21, 2024 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), the holding company and majority owner of Namesilo LLC, one of the largest domain registrars in the world, is pleased to announce that it has increased its investment in Ola Media Innovations Inc. ("OLA"), a leading Ride-share Advertainment service in Latin America, and now owns approximately 19.3% of OLA.
- VANCOUVER, BC, Feb. 21, 2024 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), the holding company and majority owner of Namesilo LLC, one of the largest domain registrars in the world, is pleased to announce that it has increased its investment in Ola Media Innovations Inc. ("OLA"), a leading Ride-share Advertainment service in Latin America, and now owns approximately 19.3% of OLA.
- Over the last seven calendar quarters, OLA has continually increased number of screens deployed, its client base and geographical footprint.
- Paul Andreola, CEO of Namesilo Technologies states "OLA is a strategic investment for us and we expect to see substantial shareholder value from this holding over the coming years.
- We look forward to working closely with OLA to accelerate their reach and success over the coming quarters."