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Jayride Group Ltd. ( (AU:JAY) ) has shared an update.
Jayride Group Limited has entered into a strategic alliance with Xoomplay to integrate in-vehicle media and advertising within its mobility platform. This collaboration is expected to expand Jayride’s ecosystem across Thailand, Malaysia, and Australia, offering new revenue streams through ad-serve commissions, revenue-sharing in global brand campaigns, and data analytics. The partnership positions Jayride at the forefront of the rapidly growing in-car advertising market, projected to reach significant growth by 2033, and enhances its role as a next-generation mobility and data platform.
More about Jayride Group Ltd.
Jayride Group Limited is a global travel technology company that provides a SaaS mobility platform. It focuses on integrating in-vehicle media and digital advertising, enhancing the monetization of ride time through dynamic ad-tech and real-time engagement analytics.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.69M
See more insights into JAY stock on TipRanks’ Stock Analysis page.