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    BUSER   SE0009663834

BAMBUSER AB (PUBL)

(BUSER)
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Bambuser : Partners with Digital Agency oddity to Elevate Live Video Shopping Across the DACH Region

07/01/2021 | 03:01am EDT

Joint image of CEO Bambuser and Managing Director oddity


Stockholm - 1 July 2021 - Bambuser and oddity group, the German-based creative and digital marketing agency, today announced a partnership that will bring Live Video Shopping to more brands and retailers in the DACH region. The partnership will combine the technical expertise of Bambuser, recent winner of the LVMH Innovation Award, with oddity's deep insights into strategies for driving success across the entire customer journey. The teams within the oddity group that specialize in consumer and channel marketing will play a key role in activating the partnership.

The deal is expected to accelerate adoption of Bambuser's One-to-Many and One-to-One Live Video Shopping solutions in the DACH market, with oddity actively increasing awareness of the platform and its growing list of capabilities. Among the most recent feature additions is social multistreaming, which enables live video shopping events on Facebook, YouTube and other platforms.

As a result of the partnership, oddity, whose clients include Bosch, Disney, ROLF BENZ, dm-drogerie markt, OTTO, Bonprix and BABOR, will help more organizations incorporate livestream shopping into their e-commerce strategy. With knowledge garnered from its presence in Asia, the agency will provide end-to-end expertise at every stage of clients' video projects, from ideation to technical set-up and on-site support as well as with post-show data analysis and marketing.

Eva Reitenbach, Managing Director oddity, said: "With all the experience which we have already gathered with our teams and clients in Asia over the last several years, we're poised to drive live video shopping in the European market as well. To this end we're thrilled to have partnered up with Bambuser, the leading live video shopping software provider in Europe. In fact, we've already kicked off our first projects together."

Maryam Ghahremani, CEO of Bambuser, said: "With their innovative approach to combining communication and commerce to drive impact, oddity is exactly the type of partner that will bring the power of Bambuser's technology to more brands and retailers in the DACH market. We are excited to combine our world-class technology with oddity's expertise, creativity and impressive client base and look forward to bringing compelling interactive shopping experiences to more forward thinking, innovative retailers and brands in the DACH region."

###

Contact information
Corporate Communications, Bambuser AB | +46 8 400 160 00 | press@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.

About oddity:
A friend called future. We are an agency for digital communication and commerce. Our 250 experts in Stuttgart, Belgrade, Berlin, Belgrade, Cologne, Shanghai and Taipei find new answers to changing needs in an increasingly digitalized world. In co-creation with our clients, we design digital brand worlds that emotionalize brands and deliver the impetus to buy. Among our clients are Bosch, Daimler, Disney, dm-drogerie markt, Krombacher, OTTO-Gruppe, Porsche, Ritter-Sport und TRUMPF.

https://news.cision.com/bambuser/r/bambuser-partners-with-digital-agency-oddity-to-elevate-live-video-shopping-across-the-dach-region,c3377625

https://mb.cision.com/Main/15749/3377625/1439230.pdf

https://news.cision.com/bambuser/i/maryam-ghahremani---eva-reitenbach,c2931970

https://news.cision.com/bambuser/i/eva-reitenbach,c2931971

https://news.cision.com/bambuser/i/maryam-ghahremani,c2931972

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 156 M 18,1 M 18,1 M
Net income 2021 -182 M -21,1 M -21,1 M
Net cash 2021 501 M 58,2 M 58,2 M
P/E ratio 2021 -23,9x
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EV / Sales 2021 24,8x
EV / Sales 2022 12,7x
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Free-Float 85,2%
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Mean consensus BUY
Number of Analysts 0
Last Close Price 21,48 SEK
Average target price 18,00 SEK
Spread / Average Target -16,2%
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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
Pontus HymÚr Co-Chief Technology Officer
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