Business
QYOU Media Inc. Completes Closing to Acquire Chtrbox, a Leading Influencer Marketing Company in India
QYOU Media Inc. Completes Closing to Acquire Chtrbox, a Leading Influencer Marketing Comp...
About this update from Qyou Media, Inc.
[{"type":"text","content":"\n \n \n \n QYOU Media Inc. Completes Closing to Acquire Chtrbox, a Leading Influencer Marketing Company in India\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n MUMBAI\n \n and\n \n TORONTO\n \n ,\n \n June 15, 2021\n \n /CNW/ - QYOU Media Inc. (TSXV:QYOU; OTCQB: QYOUF) is pleased to announce that it has completed its closing to acquire 97% of Chatterbox Technologies Private Limited (brand name: Chtrbox), a leading award-winning influencer marketing company based in India.  Details of the transaction were released on\n \n June 1, 2021\n \n .\n \n \n \n \n \n \n \n \n \n Founded in 2016 out of\n \n Mumbai\n \n and\n \n Delhi\n \n , Chtrbox is a leader in data-driven influencer marketing, powering\n \n India's\n \n top brands to tell great stories at scale. Chtrbox offers brands a massive diverse pool of over 300,000 influencers, from top celebrities, digital stars, to micro influencers, mom bloggers and campus-based creators. Chtrbox has delivered campaigns for many of the top brands in\n \n India\n \n including P&G, Amazon, Flipkart, HP and dozens more.\n \n \n As part of the acquisition,\n \n Pranay Swarup\n \n and Julie Kriegshaber will continue to act as Chief Executive Officer and Chief Operating Officer of Chtrbox, respectively.\n \n \n While leading to a substantial expansion of QYOU Media's influencer marketing business in\n \n India\n \n , the addition of Chtrbox will deliver immediate and accretive capabilities to QYOU Media's\n \n India\n \n broadcast operations, accelerating plans to leverage\n \n India's\n \n burgeoning creator economy and further supporting the channel's content, advertising and e-commerce initiatives.\n \n \n \n Curt Marvis\n \n , CEO and Co-Founder of QYOU Media Inc. commented, \"We could not be more thrilled about welcoming Chtrbox into the QYOU Media family.  The acquisition of Chtrbox's strong influencer business and team in\n \n India\n \n has advanced our business ahead by several years in terms of capabilities resulting from the acquisition.   The future ...