Haoxi Health Technology Limited Enters Into Rebate Agreement With Clients On Advertising Placement Campaign
Portfolio Pulse from Benzinga Newsdesk
Haoxi Health Technology Limited (HAO), a Beijing-based online marketing solution provider, announced a rebate agreement with Jinan Yanling Biotechnology Co., Ltd. and its affiliates for advertising services. The agreement involves a minimum spend of $7 million on ByteDance's platforms, including Jinri Toutiao, Douyin, and Xigua Video, to enhance Yanling's exposure and market reach. This partnership aims to leverage ByteDance's extensive user base for targeted advertising, offering rebates based on various performance metrics.
May 07, 2024 | 12:02 pm
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Haoxi Health Technology Limited's new rebate agreement with Yanling Biotech for advertising services on ByteDance platforms signifies a strategic move to expand its online marketing solutions.
The agreement with Yanling Biotech is likely to have a positive short-term impact on HAO's stock price due to the potential for increased revenue and market exposure. The partnership not only expands HAO's client base but also aligns with a leading technology conglomerate, ByteDance, enhancing its service offerings and market competitiveness.
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