All Updates

All Updates

icon
Filter
Earnings/results
Geographic expansion
Bidstack to shift its business strategy; expects USD 100 million revenue from US operations
Marketing Automation
Oct 26, 2022
This week:
M&A
N-able acquires Adlumin for USD 266 million to strengthen cybersecurity offerings
Next-gen Cybersecurity
Today
M&A
Bitsight acquires Cybersixgill for USD 115 million to enhance threat intelligence capabilities
Cyber Insurance
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Generative AI Infrastructure
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Data Infrastructure & Analytics
Today
Product updates
Microsoft launches Copilot Actions for workplace automation
Foundation Models
Yesterday
M&A
Almanac acquires Gro Intelligence's IP assets for undisclosed sum
Smart Farming
Yesterday
Partnerships
Aduro Clean Technologies partners with Zeton to build hydrochemolytic pilot plant
Waste Recovery & Management Tech
Yesterday
Funding
Oishii raises USD 16 million in Series B funding from Resilience Reserve
Vertical Farming
Yesterday
Management news
GrowUp Farms appoints Mike Hedges as CEO
Vertical Farming
Yesterday
M&A
Rise Up acquires Yunoo and expands LMS monetization capabilities
EdTech: Corporate Learning
Yesterday
Marketing Automation

Marketing Automation

Oct 26, 2022

Bidstack to shift its business strategy; expects USD 100 million revenue from US operations

Earnings/results
Geographic expansion

  • Bidstack, an in-game advertising (IGA) platform, announced that it plans to review a change to its business strategy given the success of its direct sales efforts in North America and Japan.

  • The firm will be reviewing and renegotiating its reseller arrangements with developers, game publishers, adTech firms, and media companies in all markets. It also stated that it is considering several options for its business model, including entering into licensing arrangements for its proprietary technology

  • The firm also stated that given its early success in North America it plans to accelerate its focus on the US, which is led by a 9-member team, where it targets its US operations to yield an annual revenue of USD 100 million or more within the next three years.  

  • Analyst QuickTake: Bidstack’s planned shift in business strategy is in line with the plans it had outlined in its 2021 annual report of providing a technology-only SaaS licensing deal. Since then the firm went on to make its first white-label deal in July 2022 to expand its IGA platform to the Asia-Pacific. Its US expansion builds on the recent key hires it had made in order to promote its complete product offerings in the US.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.