LiveOne's (Nasdaq: LVO) Partnership with Tesla Exceeds 450k Users, Including 100k+ New Ad-Supported Users
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LiveOne (Nasdaq: LVO) has reached over 450,000 Tesla users, including 100,000+ new ad-supported users. These users show high engagement, averaging 50+ minutes of listening daily, boosting advertising revenues through the DAX partnership.
December 30, 2024 | 2:45 pm
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LiveOne's partnership with Tesla has resulted in over 450,000 users, including 100,000+ ad-supported users, leading to increased advertising revenues. The high user engagement is a positive indicator for future growth.
The partnership with Tesla has significantly increased LiveOne's user base, particularly with ad-supported users, which directly contributes to higher advertising revenues. The high engagement levels suggest a strong user interest, which is likely to positively impact LiveOne's financial performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90