Locafy Signs Series Of Commercial Agreements With Localista
Portfolio Pulse from Benzinga Newsdesk
Locafy Limited (NASDAQ:LCFY) announced a series of commercial agreements with Localista, aiming to acquire digital assets of Scoop, provide SEO consulting, and add Localista as a reseller of Locafy's Article Accelerator product. The partnership is expected to enhance Locafy's presence in the Australian and New Zealand markets by leveraging Localista's extensive lifestyle and travel directory network. Locafy plans to utilize its Article Accelerator product to optimize digital assets for SEO success and expand its advertising opportunities.
February 21, 2024 | 1:22 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Locafy's partnership with Localista to acquire Scoop's digital assets, provide SEO consulting, and utilize Localista as a reseller could significantly enhance its market position in Australia and New Zealand.
The partnership with Localista opens up a significant market opportunity for Locafy in Australia and New Zealand, regions with a high demand for SEO and digital marketing solutions. By acquiring Scoop's digital assets and leveraging Localista's network, Locafy can significantly enhance its product offering and market reach. The addition of Localista as a reseller for the Article Accelerator product could lead to increased sales and market penetration. This strategic move is likely to be viewed positively by investors, potentially leading to a short-term uptick in LCFY's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100