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    BUSER   SE0009663834

BAMBUSER AB (PUBL)

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Bambuser AB

12/22/2021 | 10:46am EDT

Bambuser has Renewed Several Agreements with Nordic Retailers such as Boozt, Åhléns, Apotea and Kjell & Company

STOCKHOLM, SE / ACCESSWIRE / December 22, 2021 / Bambuser AB (STO:BUSER.ST) (FRA:5JL.F)

Bambuser has announced today that most of their existing customers have renewed their agreements, confirming their belief in Live Video Shopping being a strategic initiative, and in Bambuser as a preferred partner.

When Bambuser launched their One-to-Many Live Video Shopping solution in September 2019, many Nordic retailers were eager to try out the cutting-edge ecom solution.

As of today - two and half years into Bambuser being the world's leading Live Video Shopping B2B solution - most of those retailers have decided to renew their agreements, proving that Bambuser's solutions are a strategic long-term bet. Among these reputable Nordic brands are Boozt, Åhléns, Apotea, Swedol, Oddmolly, Lumene, Blomsterlandet and Kjell & Company.

"We're very proud that so many important retailers have shown their trust in us and are investing in Bambuser's Live Video Shopping technology for the future. Our entire team is dedicated to continuing to deliver a world class experience and a robust and reliable platform. We're looking forward to a very exciting 2022!"
Maryam Ghahremani, CEO at Bambuser.

Watch our recent BamTalk webinars series here to learn how Bambusers' customers utilize Live Video Shopping.

Contact information

Corporate Communications, Bambuser AB | +46 8 400 160 00 | ir@bambuser.com

Certified Adviser
Erik Penser Bank AB | +46 8 463 83 00 | certifiedadviser@penser.se

About Bambuser

Bambuser is a software company specializing in interactive live video streaming. The Company's primary product, Live Video Shopping, is a cloud-based software solution that is used by customers such as global e-commerce and retail businesses to host live shopping experiences on websites, mobile apps and social media. Bambuser was founded in 2007 and has its headquarters in Stockholm. Subscribe to Bambuser's press releases here.

SOURCE: Bambuser AB



View source version on accesswire.com:
https://www.accesswire.com/679124/Bambuser-has-Renewed-Several-Agreements-with-Nordic-Retailers-such-as-Boozt-hlns-Apotea-and-Kjell-Company

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Stocks mentioned in the article
ChangeLast1st jan.
BAMBUSER AB (PUBL) -0.46% 6.5 Delayed Quote.-59.51%
BOOZT AB (PUBL) -1.96% 90.1 Delayed Quote.-50.00%
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Financials
Sales 2022 230 M 23,0 M 23,0 M
Net income 2022 -235 M -23,5 M -23,5 M
Net cash 2022 342 M 34,2 M 34,2 M
P/E ratio 2022 -5,98x
Yield 2022 -
Capitalization 1 367 M 137 M 137 M
EV / Sales 2022 4,45x
EV / Sales 2023 3,89x
Nbr of Employees 181
Free-Float 85,2%
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Last Close Price 6,58 SEK
Average target price 12,00 SEK
Spread / Average Target 82,5%
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Managers and Directors
Maryam Ghahremani Chief Executive Officer
Sara Lundell Chief Financial Officer
Joel-Tomas Citron Chairman
Martin Storsj÷ Co-Chief Technology Officer
David Salmon Chief Technology & Product Officer
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