African e-commerce startup Jumia files for IPO on NYSE

TechCrunch | March 12, 2019

African e-commerce startup Jumia files for IPO on NYSE
Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today, per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch.The valuation, share price and timeline for public stock sales will be determined over the coming weeks for the Nigeria-headquartered company.With a smooth filing process, Jumia will become the first African tech startup to list on a major global exchange.Poignonnec would not pinpoint a date for the actual IPO, but noted the minimum SEC timeline for beginning sales activities (such as road shows) is 15 days after submitting first documents. Lead adviser on the listing is Morgan Stanley

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AD TECH AND MARTECH

How Popular Is Ad Tech? It's raining billion-dollar transactions, according to LUMA

LUMA Partners | April 08, 2021

Seven ad tech companies made transactions valued at over $1 billion in the first quarter of 2021 – double the amount that’s happened in the past few years combined. “We’ve got a perfect storm here of different forces lining up, which created such a strong quarter,” said Conor McKenna, LUMA Partners director. The ad tech investment banking firm LUMA tallied up recent deals in its Q1 2021 Market Report last week. Multiple paths to get to $1 billion exist IPOs, SPACs, and acquisitions – often by public companies flush with cash from spiking valuations. In Q1, those billion-dollar transactions included Magnite buying SpotX, Viant going public, Taboola and ironSource going the SPAC route, Vista taking a majority stake in TripleLift and AppLovin and DoubleVerify filing for an IPO. Macroeconomic, media, and marketing industry and market trends are currently all in sync, McKenna said. First, government stimulus funds accelerated recovery while cheap interest rates created economic buoyancy. Regarding the marketing industry, McKenna said “the overall media and marketing ecosystem has been on a growth tear for years, and the pandemic has led to an inflection point across streaming, gaming, and e-commerce.” Finally, investors are seeking new opportunities that are leading to a bumper crop of IPOs and SPACs. And the ad tech companies that go public might acquire more ad tech companies, McKenna said. “The market is rewarding action,” McKenna said. When Magnite bought SpotX and when Digital Turbine spent $1 billion acquiring Fyber, AdColony, and Appreciate, their respective stocks jumped by more than the value of the actual deal, he said. Right now, with markets so focused on growth, it’s better “to make errors of commission rather than omission,” he said. The rush to CTV “CTV has become a crucial narrative for any company that’s touching media, marketing or technology,” McKenna said.' The TV space is hot: Vizio went public, Magnite bought SpotX, LG acquired Alphonso for $125 million, Comcast’s Freewheel closed its purchase of Beeswax and Roku acquired Nielsen’s video ad tech assets. The Nielsen-Roku deal held particular interest to McKenna because it indicates how an OTT player could expand into data-driven linear ads. “In the traditional TV ecosystem, the supply side is the scarce side of the market,” he said. “Roku, one of the largest AVOD CTV players, is looking for more supply beyond what they’re touching, and moving into data-driven TV advertising.” This migration will be slow – over the next decade – but the trend toward convergent TV is in motion. Identity crisis? Not in ad tech When Google Chrome said it would remove third-party cookies last year, it injected plenty of uncertainty into the market. The ensuing pandemic didn’t help matters, halting deal-making for more than 90 days, McKenna said. But while few know exactly what marketing will look like come 2022, that uncertainty isn’t having a huge effect. Though Q1 2021 may go unmatched in terms of deal-making, there are still plenty of conversations happening at LUMA that indicate more companies will pair up or go public in 2021. The new, billion-dollar big fish can snap up smaller ad tech companies. For instance, Magnite was able to purchase SpotX after its stock hit record highs. “There are now very large, viable buyers that are deep in the ecosystem,” he said, along with an influx of consumers consuming media and shopping online – a perfect storm that’s continuing unabated.

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PROGRAMMATIC ADVERTISING

Adverty Announces Partnership with InMobi to Enable More Advertisers to Leverage Market-leading Programmatic In-game Offering

Adverty | December 11, 2020

Adverty AB (publ) declares association with global mobile-first advertising technology organization InMobi to empower more advertisers to use market-programmatic in-game offering. The association is set to launch during Q1 2021, when the specialized integration of platforms has been finished. Adverty, the leading in-game platform for advertisers, offices and substance makers, has declared an association with worldwide promotion trade, InMobi, to expand its programmatic reach for brands and advertisers looking to enter the increasingly important world of gaming. Adverty delivers unpretentious advertising which interfaces brands and audiences through its revolutionary and licensed technology assembled explicitly for gaming, while InMobi's industry leading mobile marketing technology is associated with each pertinent programmatic DSP permitting advertisers and distributers to draw in customers through relevant mobile advertising. The partnership will permit its purchase side clients to get to imaginative organizations in mobile games at scale inside Adverty's platform. The partnership is set to launch during Q1 2021, when the technical integration of platforms has been completed.

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Facebook Highlights Digital Air Strike’s Click to Marketplace Advertising Helping Increase Consumer Sales During COVID-19

Digital Air Strike | May 22, 2020

Facebook showcases Digital Air Strike's impressive results leveraging Dynamic Click to Marketplace Advertising. Digital Air Strike, the leading consumer engagement technology company, is helping businesses leverage increased traffic on social media during COVID-19. The company's social media marketing and advertising technology on Facebook during shelter-in-place mandates are delivering new customers, increased website traffic, and more sales to businesses across the country. Digital Air Strike was chosen by Facebook for a limited beta test to determine whether dynamic ad clicks to Facebook Marketplace, instead of to a dealer's website, increased leads. The pilot business, Brown's Toyota of Glen Burnie in Maryland, saw four times more impressions, 1.5 times more views and a 33% reduction in cost per view. The results are so compelling Facebook turned them into a case study for the Click to Marketplace ads. We've found that businesses that understand and leverage the power of social media are better able to reach their consumers during the pandemic. Even in states with the strictest pandemic-related restrictions, people are still shopping and buying online. Businesses that target consumers on Facebook to build their pipeline, explain new protocols, and advertise adjusted hours of operations, safety measures and delivery options, are getting excellent results. - Alexi Venneri, co-founder and CEO of Digital Air Strike Digital Air Strike's team is seeing great results across the country, including with DeLillo Chevrolet in Huntington Beach, California. The program included posting COVID-19 announcements on DeLillo Chevrolet's Facebook page, responding and engaging with comments on the posts, and alerting the business to new comments and questions so they could quickly follow up and sell cars. The dealership saw a more than 100% increase in website traffic, more than doubled the number of new customers who visited the dealer's Facebook page and website and sold several vehicles from the new Facebook traffic. In Google Analytics, we have noticed a surge in Facebook visits to our website. This all came from the posts that Digital Air Strike has been doing for us. I highly recommend Digital Air Strike for social media marketing. - Bill Demarest, marketing manager/customer relations for DeLillo Chevrolet Along with consistent, creative and engaging social posts, Digital Air Strike provides targeted, double opt-in advertising options that help dealers reach interested car buyers on Facebook. Jacksonville CDJR in Jacksonville, Florida, sold the highest number of cars in the company's history in March 2020. The dealer advertised using Digital Air Strike's VDP Power Social Program which directs car buyers to vehicle detail pages (VDP) on the dealership's website. The ads first focused on used cars and then on new cars since the first campaign was so successful. "Digital Air Strike's VDP Power Social Program was the reason my used car sales went through the roof," said Ken Kovacs, owner and General Manager of Jacksonville CDJR (Chrysler, Dodge, Jeep, Ram). "That's why I doubled my social advertising budget and decided to focus on attracting new car buyers even during these unusual times. Digital Air Strike is super responsive too." Digital Air Strike's Facebook ads campaign for Toyota Sunnyvale in Sunnyvale, California also saw great results. In just two weeks, they sold seven vehicles, had 600 website clicks, saw over 130,000 impressions, and reached almost 17,000 people. Read more: Facebook takes down perilous ad category amidst coronavirus misinformation concerns Facebook co-founder and CEO Mark Zuckerberg said in a March 18th call with journalists that people across the country had increased the time they spent using Facebook-owned apps by more than 70% since the lockdown began. That number has only risen as more people have been mandated to stay home across the U.S. Social media marketing is part of Digital Air Strike's Virtual Retailing Program which helps businesses adapt to the new requirement of consumers needing responsive new ways to be able to research, shop and transact from home. Along with social media, Virtual Retailing also includes the use of video lead response, AI, automation, text messaging, and training teams on new safety measures. Digital Air Strike is offering their Video Logix solution at no cost for 30 days to all businesses that need help during the pandemic. About Digital Air Strike Air Strike is the leading social media, intelligent lead response, and consumer engagement technology company helping over 5,000 businesses increase consumer response and conversions in digital and social media environments while generating measurable ROI. A pioneer in digital response, social media marketing and online reputation management solutions, Digital Air Strike deploys industry specific mobile apps, software, intelligent messaging and managed service platforms to monitor, engage, improve and manage consumer interactions for thousands of businesses in the United States, Canada and 11 additional countries, including working with seven of the largest automotive manufacturers.

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Spotlight

A wide range of factors influences search engine traffic. Indeed Google search!engine rankings are determined by more than 50 algorithms and variables.