Saturday, December 9, 2023
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Term & Condition
SEO Tools
Get leads. Get sales. Get growing.
  • Home
  • Free SEO Tools
  • Search Engine Optimization
  • Digital Marketing
  • Marketing Strategy
  • Affiliate Marketing
  • SEO Tools
No Result
View All Result
SEO Tools
  • Home
  • Free SEO Tools
  • Search Engine Optimization
  • Digital Marketing
  • Marketing Strategy
  • Affiliate Marketing
  • SEO Tools
No Result
View All Result
SEO Tools
No Result
View All Result
Home E-Commerce Marketing

Its Diversified Business Strategy Continues to Solidify Fundamentals

Admin by Admin
September 2, 2022
in E-Commerce Marketing
0
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

BEIJING, Sep. 2, 2022 /PRNewswire/ — Joy Spreader Group Inc. (HKG:6988, “the Group”, “Joy Spreader”), a leading marketing technology company listed in Hong Kong, announced its interim results for the fiscal year 2022 on August 31. According to the report, the Group maintained robust business growth in the first half of 2022, with a revenue of HK$1.367 billion, almost matching the revenue of HK$1.396 billion for the full year of 2021. The solid growth was, for the most part, attributable to the Group’s rapid expansion in Southeast Asia, with the international e-commerce business bringing in sales of 813,400 units or HK$1.021 billion for the half-year time period.

Based on the underlying logic of algorithmic marketing, coupled with leading preference-driven recommendation algorithms, Joy Spreader has not only accelerated the expansion of the international e-commerce portfolio and achieved rapid sales growth, but also adjusted its interactive entertainment business strategy in line with the evolving macro environment of its domestic business through increased efforts to expand non-interactive entertainment businesses. These adjustments have delivered remarkable results.

You might also like

Dubai Harbour welcomes first passengers for the 2022/23 cruise season

Scenic marks 65 years | Mt. Airy News

Get The Clicks Helps American Companies Accelerate Their Online

In the first half of 2022, Joy Spreader recorded revenue of HK$229 million from interactive entertainment and digital product marketing, and HK$310 million from the domestic short-form video (SFV)-based e-commerce marketing business. The two key businesses, which contributed nearly 70% of the Group’s revenue last year, have been hard hit by challenging market conditions during the reporting period, such as tighter regulation policies and the ongoing pandemic. However, profits did not fall off a cliff as they did for the gaming and pure e-commerce sectors, mainly due to the Group’s responsive business strategy of enriching its marketable product categories. Joy Spreader witnessed a YoY revenue surge of 151.27% to HK$114 million in its non-interactive entertainment business, which served as an effective hedge against the risks from tightening industry policies and the continuation of the pandemic. The jump in revenue fully proved the Group’s forward-looking diversification of the product portfolio, as well as the core strength of its prepaid locked-in traffic model coupled with its high barrier to entry for competitors.

With the progressive implementation of its diversified business development strategy, alongside strong digital technologies that align with the trends driving the mobile web as well as with the business needs of customers, Joy Spreader is well positioned to efficiently utilize new media traffic to facilitate the commercialization of new media, the scalability of its international e-commerce, and the development of IP-based culture-related businesses, in a move to evolve into a leading new media performance-based technology company with global reach by integrating algorithmic marketing, overseas e-commerce, and first-party traffic.

SOURCE Joy Spreader Group Inc.

[ad_2]

Source link

Previous Post

Digital Covid scheme provides support for over 700 NI businesses | Newry News

Next Post

Post-Covid B2B Sales: 5 Digital Strategies That Work

Admin

Admin

Blogger & Youtuber

Related Posts

E-Commerce Marketing

Dubai Harbour welcomes first passengers for the 2022/23 cruise season

by Admin
November 21, 2022
Scenic marks 65 years | Mt. Airy News
E-Commerce Marketing

Scenic marks 65 years | Mt. Airy News

by Admin
October 28, 2022
Get The Clicks Helps American Companies Accelerate Their Online
E-Commerce Marketing

Get The Clicks Helps American Companies Accelerate Their Online

by Admin
October 4, 2022
Customer Loyalty Management Software Market Size is
E-Commerce Marketing

Customer Loyalty Management Software Market Size is

by Admin
October 3, 2022
These Are The Biggest Marketing Challenges Facing Retail And E-commerce Brands In 2023
E-Commerce Marketing

These Are The Biggest Marketing Challenges Facing Retail And E-commerce Brands In 2023

by Admin
October 2, 2022
Next Post
Post-Covid B2B Sales: 5 Digital Strategies That Work

Post-Covid B2B Sales: 5 Digital Strategies That Work

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Scar Treatment Market to Expand at CAGR of 8.3% during

Scar Treatment Market to Expand at CAGR of 8.3% during

August 19, 2022
Pamplin Media Group – CENTRAL OREGON HISTORY: Wheeler County pioneer and cook

Pamplin Media Group – CENTRAL OREGON HISTORY: Wheeler County pioneer and cook

August 6, 2022
► Lets Getting Rich blog

► Free SEO & Digital Marketing Tools

► SEO Tools blog

► Latest RVH News

► Find a domain and launch your site today!

Categories

  • Affiliate Marketing
  • Digital Marketing
  • E-Commerce Marketing
  • Email Marketing
  • Marketing Strategy
  • Search Engine Optimization
  • SEO Tools

Don't miss it

From Rags To Riches During The Pandemic, Teamology PR Inspires Startups To Thrive
Digital Marketing

From Rags To Riches During The Pandemic, Teamology PR Inspires Startups To Thrive

December 4, 2022
Here’s how to stop the cost of Christmas from burning a big hole in your wallet
Affiliate Marketing

Here’s how to stop the cost of Christmas from burning a big hole in your wallet

December 3, 2022
Best Digital Marketing Courses: A Review of 5 Top Online Courses
SEO Tools

Best Digital Marketing Courses: A Review of 5 Top Online Courses

December 3, 2022
10 Stars that fans want to see on “The Manager”
Search Engine Optimization

10 Stars that fans want to see on “The Manager”

December 3, 2022
Irish privacy regulator fines Facebook 265 million euros, Marketing & Advertising News, ET BrandEquity
Digital Marketing

Irish privacy regulator fines Facebook 265 million euros, Marketing & Advertising News, ET BrandEquity

November 29, 2022
7 Ways Ecommerce Businesses Use Alternative Data in 2022
SEO Tools

7 Ways Ecommerce Businesses Use Alternative Data in 2022

November 28, 2022
  • About Us
  • Contact Us
  • Disclaimer
  • Home
  • Latest Post
  • Privacy Policy
  • Term & Condition
SEO & Digital Marketing Tools

© 2022 Blog.TopSEOsuperTools.com All Rights Reserved.

No Result
View All Result
  • Landing Page
  • Shop
  • Contact
  • Buy JNews

© 2022 Blog.TopSEOsuperTools.com All Rights Reserved.

What are cookies
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT