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Geographic expansion
Earnings/results
Bidstack to shift its business strategy; expects USD 100 million revenue from US operations
Marketing Automation
Oct 26, 2022
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EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform
Digital Twin
Dec 20, 2024
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Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team
Functional Nutrition
Dec 19, 2024
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ViGeneron receives IND clearance for VG801 gene therapy
Cell & Gene Therapy
Dec 19, 2024
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Reflex Aerospace ships first commercial satellite SIGI
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Dec 19, 2024
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Vast partners with SpaceX for two private astronaut missions to ISS
Space Travel and Exploration Tech
Dec 19, 2024
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Carbios appoints Philippe Pouletty as interim CEO amid plant delay
Waste Recovery & Management Tech
Dec 19, 2024
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BlueQubit raises USD 10 million in seed funding to develop quantum platform
Quantum Computing
Dec 19, 2024
FDA approval
Arbor Biotechnologies receives FDA clearance for ABO-101 IND application
Human Gene Editing
Dec 19, 2024
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Personalis partners with Merck and Moderna for cancer therapy development and investment
Precision Medicine
Dec 19, 2024
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COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research
Precision Medicine
Dec 19, 2024
Marketing Automation

Marketing Automation

Oct 26, 2022

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

Geographic expansion
Earnings/results

  • 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.

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