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MiMedia Partners with Walmart Latin America to Expand Smartphone Integration

Story Highlights
  • MiMedia partners with Walmart Latin America to integrate its platform on millions of smartphones.
  • The partnership aims to boost MiMedia’s market presence and revenue through Walmart’s digital ecosystem.
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The latest update is out from MiMedia Holdings Inc ( (TSE:MIM) ).

MiMedia Holdings Inc. has announced a strategic partnership with Walmart Latin America, integrating its platform onto millions of smartphones through Walmart’s telecom subsidiary, Bait, in Mexico. This collaboration aims to enhance MiMedia’s market presence by leveraging Walmart’s extensive digital ecosystem and consumer base across Latin America, potentially increasing user engagement and generating significant revenue streams.

More about MiMedia Holdings Inc

MiMedia Holdings Inc. offers an AI-based next-generation consumer cloud platform designed to secure personal media in the cloud, accessible across all devices and operating systems. The platform is distinguished by its rich media experience, organization tools, private sharing capabilities, and features driven by proprietary AI technologies. MiMedia partners with smartphone manufacturers and telecom carriers globally.

YTD Price Performance: 96.15%

Average Trading Volume: 276,475

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$43.07M

For an in-depth examination of MIM stock, go to TipRanks’ Stock Analysis page.

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