Infobird Co (IFBD) has released an update.
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Infobird Co. has completed the acquisition of 65% of Pure Tech Global Limited, a company specializing in digital advertising and marketing, for approximately $40 million. This move strengthens Infobird’s position in the digital marketing sector, particularly within the maternal and infant market, enhancing its competitive edge. Investors may find this strategic expansion promising as Infobird aims to capitalize on its developed technologies to explore new customer opportunities.
For further insights into IFBD stock, check out TipRanks’ Stock Analysis page.