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Tinybeans Group ( (AU:TNY) ) has provided an announcement.
Tinybeans Group Limited has completed the acquisition of Qeepsake Inc.’s assets, enhancing its subscription-based platform and solidifying its position as a leading privacy-first family memory and photo-sharing service. This strategic move involves issuing shares and performance rights, with plans to integrate Qeepsake’s features and subscriber base, aiming for operational efficiencies and new monetization opportunities. The acquisition also brings new leadership to Tinybeans, with Qeepsake’s former Chair and CEO joining the company, signaling a commitment to delivering enhanced value to families and shareholders.
More about Tinybeans Group
Tinybeans Group Limited is a leading global consumer subscription platform, primarily serving Millennial and Gen Z parents and their families. The company offers a private photo-sharing app and media platform that connects families and transforms moments into memories. Founded in Australia in 2012, Tinybeans has gained trust worldwide with its insightful and relatable content, boasting over 150,000 five-star reviews on the Apple App and Google Play stores.
YTD Price Performance: 116.67%
Average Trading Volume: 155,542
Technical Sentiment Signal: Buy
Current Market Cap: A$19.23M
See more data about TNY stock on TipRanks’ Stock Analysis page.