RABI:CC - AdRabbit extends partnership with TikTok
(TheNewswire)
TORONTO, ONTARIO - TheNewswire - March 30, 2022- AdRabbit Limited (TSXV:RABI )( ASX:RAB ) ("AdRabbit" or the "Company"), a digitaladvertising and marketing AI platform for SMBs, today announced theextension and expansion of their partnership with TikTok, the global video-focused socialnetworking service .
As part of the expanded partnership, TikTok will nowprovide AdRabbit with increased access to its network of small andmedium-sized business customers. TikTok will utilize a new set ofalgorithms to identify and acquire a larger number of long-term smalland medium-sized business customers for AdRabbit, more accurately andat a lower cost. The partnerships program will also include a detailedmedia plan, optimization session and recurring communication andsupport from TikTok’s performance team, creative sessions andincentives, access to new features and betas.
The partnership initially began in December 2020 andhas been mutually beneficial for both companies as well as those smalland medium-sized businesses that wants to leverage TikTok to reachmore end-customers faster.
“The expansion of our partnership with TikTok pavesthe way for a new audience of SMBs who will have access toAdRabbit’s full offerings and help TikTok SMBs grow theirbusiness,” says Max Bluvband, CEO of AdRabbit. “This will enableus to have a wider reach, improve what we bring our customers, anddelivering more affordable digital marketing solutions toall.”
More information on the AdRabbit platform can be found here .
AdRabbit's download site can be found here.
About AdRabbit
AdRabbit develops an AI-based advertising and marketingplatform for small and medium companies that enables them to runautomated large-scale advertising and marketing campaigns both onlineand on social media, including top-tier networks such as Facebook.
The AdRabbit platform provides a complete advertisingcycle, from ad design and creation, budget and channelrecommendations, analytics, and campaign management, to the leadfunnel.
The AdRabbit platform is accessible as a mobileapplication on iOS and Android.
Effective February 7th, 2022, AdRabbit's ordinaryshares commenced trading on the TSX Venture Exchange under the stocksymbol "RABI".
-Ends-
This announcement has been approved and authorized forrelease by Max Bluvband, AdRabbit's CEO.
For further information, please contact:
David Hwang, Company Secretary
Ph: +61 433 292 290
E: David.Hwang@automicgroup.com.au
Neither the Exchange nor itsRegulation Services Provider (as such term is defined in the policiesof the Exchange) accepts responsibility for the adequacy or accuracyof this news release.
Caution RegardingForward Looking Statements
The information in this news releaseincludes certain information and statements about management’s viewof future events, expectations, plans and prospects that constituteforward looking statements. These statements are based uponassumptions that are subject to significant risks and uncertainties,including those “Risk Factors” contained in the ListingApplication of the Company dated November 15, 2021 and available atwww.sedar.com. Forward looking statements in this news releaseinclude, but are not limited to, the anticipated benefits and resultsof the expanded partnership, and the expected increase to theCompany's network of small and medium-sized business customers.Because of these risks and uncertainties, the actual results,expectations, achievements or performance may differ materially fromthose anticipated and indicated by these forward-looking statements.Although the Company believes that the expectations reflected inforward looking statements are reasonable, it can give no assurancesthat the expectations of any forward-looking statement will prove tobe correct. Except as required by law, the Company disclaims anyintention and assumes no obligation to update or revise anyforward-looking statements to reflect actual results, whether as aresult of new information, future events, changes in assumptions,changes in factors affecting such forward looking statements orotherwise.
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