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VS Media Holdings Limited Class A ( (VSME) ) has shared an update.
On February 21, 2025, VS Media Holdings Limited completed the acquisition of a 21% stake in S T Meng Pte Ltd, a Singapore-based international trading company. This strategic move allows VS Media to expand its social eCommerce business in Southeast Asia, enhancing its product sourcing capabilities and potentially increasing profit margins.
More about VS Media Holdings Limited Class A
VS Media Holdings Limited operates in the social eCommerce industry, focusing on expanding its reach and product sourcing capabilities. The company aims to enhance its presence in Southeast Asia, leveraging its acquisition of S T Meng Pte Ltd to increase market penetration and improve margins.
YTD Price Performance: -20.0%
Average Trading Volume: 254,526
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.9M
See more data about VSME stock on TipRanks’ Stock Analysis page.