MiMedia Forecasts $125M Revenue from Schok Partnership

MiMedia Holdings Inc (TSE:MIM) has released an update.

MiMedia Holdings Ltd. is reporting encouraging early results from its U.S. rollout with Schok Smartphones, forecasting over $125 million in gross revenue from mobile advertising rates. The company’s integration of its consumer cloud platform onto 5 million devices over two years is central to this revenue opportunity. MiMedia’s partnership with Schok aims to capitalize on the robust U.S. mobile advertising market and provide consumers with a unique personal cloud experience.

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