Joy Spreader Matched E-Commerce Transaction with A GMV of Approximately $350 MM HKD During DouYin "618" Shopping Spree
The announcement says that according to the Company's records and database, during the period of promotion event starting from June 1st to June 18th, Joy Spreader completed transaction matching with a total gross merchandise value ("GMV") of approximately $350 MM HKD on DouYin short video platform.
- The announcement says that according to the Company's records and database, during the period of promotion event starting from June 1st to June 18th, Joy Spreader completed transaction matching with a total gross merchandise value ("GMV") of approximately $350 MM HKD on DouYin short video platform.
- DouYin together with other short video e-commerce platforms delivered remarkable achievements on their debuts to participate the "618" Shopping Spree this year.
- As the first mover in the short video e-commerce marketing technology, Joy Spreader enjoys and synchronizes a positive dynamic together with the exponential development in corresponding industry domestically, and considers it as an integral and crucial component of the Company's business perspectives.
- Based on the financials, the Company generated a net revenue of $119 MM HKD from performance-based marketing on short video e-commerce, representing a 353.86% year over year growth.