QYOU Media’s Chatterbox Technologies Nears IPO Milestone

QYOU Media ( (TSE:QYOU) ) has shared an announcement.

QYOU Media announced that Chatterbox Technologies Ltd has received approval for its Draft Red Herring Prospectus from the Bombay Stock Exchange, moving closer to listing on the exchange’s SME platform. This listing will make Chatterbox the first exclusive influencer marketing business in India to be publicly traded, with QYOU Media retaining majority ownership. The move aligns with QYOU Media’s strategy to capitalize on the growing influencer marketing sector, both in India and North America, as it continues to focus on the Creator Economy.

More about QYOU Media

QYOU Media is a rapidly growing media company operating in India and the United States. It specializes in producing, distributing, and monetizing content created by social media influencers and digital content stars. The company runs an influencer marketing business in India through its subsidiary Chtrbox, which connects brands and social media influencers. In the United States, QYOU Media collaborates with major film studios, game publishers, and leading brands to create content and market via creators and influencers. The company focuses on millennial and Gen Z audiences, reaching over one billion consumers.

YTD Price Performance: -25.00%

Average Trading Volume: 132,842

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$17.83M

For a thorough assessment of QYOU stock, go to TipRanks’ Stock Analysis page.