Beggars Group

Deezer invests to create livestreaming powerhouse as Driift acquires Dreamstage

Retrieved on: 
Friday, September 30, 2022

PARIS, Sept. 30, 2022 /PRNewswire/ -- Deezer (EURONEXT: DEEZR), the global music streaming service, today announced an exciting new chapter for Driift, a leading UK based livestreaming business. Driift is acquiring Dreamstage and will be further strengthened by an additional £4M investment from Deezer. The acquisition brings together Driift's award winning production capabilities with Dreamstage's best-in-class technology and commerce platform. The combined business will continue under the Driift name as an independent entity, run by CEO Ric Salmon and COO Claire Mas. With a total investment from Deezer of around $7M[1] this year, Driift has secured enough funds to execute on its business plan and accelerate growth.

Key Points: 
  • Driift is acquiring Dreamstage and will be further strengthened by an additional 4M investment from Deezer.
  • Jeronimo Folgueira, CEO of Deezer said, "As the home of music, this is a milestone moment for Deezer.
  • Investing in both businesses in 2021 and 2022, Deezer remained a minority shareholder in Driift, and became a majority shareholder in Dreamstage, before the transaction.
  • As a result of the business combination and its additional investment, Deezer will become the largest shareholder of Driift.

Deezer invests to create livestreaming powerhouse as Driift acquires Dreamstage

Retrieved on: 
Friday, September 30, 2022

PARIS, Sept. 30, 2022 /PRNewswire/ -- Deezer (EURONEXT: DEEZR), the global music streaming service, today announced an exciting new chapter for Driift, a leading UK based livestreaming business. Driift is acquiring Dreamstage and will be further strengthened by an additional £4M investment from Deezer. The acquisition brings together Driift's award winning production capabilities with Dreamstage's best-in-class technology and commerce platform. The combined business will continue under the Driift name as an independent entity, run by CEO Ric Salmon and COO Claire Mas. With a total investment from Deezer of around $7M[1] this year, Driift has secured enough funds to execute on its business plan and accelerate growth.

Key Points: 
  • Driift is acquiring Dreamstage and will be further strengthened by an additional 4M investment from Deezer.
  • Jeronimo Folgueira, CEO of Deezer said, "As the home of music, this is a milestone moment for Deezer.
  • Investing in both businesses in 2021 and 2022, Deezer remained a minority shareholder in Driift, and became a majority shareholder in Dreamstage, before the transaction.
  • As a result of the business combination and its additional investment, Deezer will become the largest shareholder of Driift.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Plug Power and XL Fleet Corp. and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, March 18, 2021

NEW YORK, March 17, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Plug Power, Inc. (NASDAQ: PLUG) and XL Fleet Corp. (NYSE: XL).

Key Points: 
  • NEW YORK, March 17, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Plug Power, Inc. (NASDAQ: PLUG) and XL Fleet Corp. (NYSE: XL).
  • On this news, the Companys stock price fell $3.68, or 7%, to close at $48.78 per share on March 2, 2021.
  • Citing interviews with former employees, the report alleged that at least 18 of 33 customers XL featured were inactive.
  • For more information on the XL Fleet class action go to: https://bespc.com/cases/XL
    About Bragar Eagel & Squire, P.C.

XL Fleet Expects its Largest Partner to Double Orders in 2021

Retrieved on: 
Monday, November 23, 2020

As part of its expanding partnership, XL Fleet is recognizing Farmbro as its Sales and Installation Partner of the Year for 2020.

Key Points: 
  • As part of its expanding partnership, XL Fleet is recognizing Farmbro as its Sales and Installation Partner of the Year for 2020.
  • Farmbro has been an exceptional partner for XL Fleet, as we have greatly expanded our reach into the Canadian fleet market over the past 18 months, said Brian Piern, Vice President of Sales and Marketing at XL Fleet.
  • Our partnership with XL Fleet has given us the unique opportunity to meet those demands for customers nationwide.
  • The team at Farmbro appreciates this recognition and looks forward to expanding our partnership with XL Fleet.

XL Fleet Generates Record Third Quarter 2020 Revenue

Retrieved on: 
Thursday, November 12, 2020

XL Fleet (XL or the Company), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that its revenue for the third quarter of 2020 was the highest for a single quarter in the Companys history.

Key Points: 
  • XL Fleet (XL or the Company), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced that its revenue for the third quarter of 2020 was the highest for a single quarter in the Companys history.
  • XL achieved record quarterly total GAAP revenue of $6.3 million for the third quarter of 2020.
  • In comparison, XL achieved $2.6 million in revenue for the third quarter in 2019, and approximately $7.2 million in revenue for the full fiscal year ended December 31, 2019.
  • Our record Q3 revenue nearly matches our performance for the entire prior calendar year in a single quarter, said Dimitri Kazarinoff, Chief Executive Officer of XL.

Americas Cardroom Gets Massive with $12 Million GTD OSS XL Starting Wednesday, March 18th

Retrieved on: 
Wednesday, March 18, 2020

Americas Cardroom today announced its OSS XL OSS XL starting Wednesday, March 18th.

Key Points: 
  • Americas Cardroom today announced its OSS XL OSS XL starting Wednesday, March 18th.
  • The OSS XL runs March 18th through April 6th and features $12 million in guarantees, a number that is expected to be smashed thanks to ACR's fast-growing poker community.
  • To put things in perspective about just how big the OSS XL is, Americas Cardroom's last 3-part OSS Cub3d series, which featured the MOSS, OSS, and BOSS, offered up only $13 Million in guarantees.
  • Next up after the OSS XL is the $5 Million High Five Tournament Series running April 7th-26th.

Motorcar Parts of America Receives Vendor of the Year Award From XL Parts

Retrieved on: 
Monday, March 2, 2020

Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it has received XL Parts Vendor of the Year award at the automotive distributors annual open house recently held in Houston, Texas.

Key Points: 
  • Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it has received XL Parts Vendor of the Year award at the automotive distributors annual open house recently held in Houston, Texas.
  • We look forward to continued success and additional opportunities to support XL Parts, said Selwyn Joffe, chairman, president and chief executive officer of Motorcar Parts of America.
  • In product lines supplied by Motorcar Parts of America, XL Parts achieved year-over-year growth -- supported by 97 percent fill rates.
  • MPA has been an important asset to our ongoing success and a distinguished partner, and we are pleased to present Motorcar Parts of America with the 2019 Vendor of the Year award, said Esperanza Izquierdo, vice president of merchandising of XL Parts.