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    BUSER   SE0009663834

BAMBUSER AB (PUBL)

(BUSER)
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Bambuser : Signs Master Agreement with LVMH Following Initial Pilot Activations and LVMH Innovation Award

08/03/2021 | 09:16am EDT

Stockholm - 3 August 2021 - Bambuser today announced it has entered into a long-term master agreement with LVMH Moët Hennessy Louis Vuitton (LVMH), following successful pilot activations. The agreement will strengthen the companies' partnership following Bambuser's receipt of the LVMH Innovation Award.



Bambuser has previously entered into proof-of-concept agreements with two of LVMH's Maisons. Following the successful activations, Bambuser and LVMH have entered into a long-term master agreement that allows all LVMH's Maisons and divisions in all markets to leverage Bambuser's robust platform for shoppable livestreams.

The master agreement initially runs for 12 months starting August 2021. The order value cannot be estimated in advance, as each company and business unit shall submit an individual insertion order. 

###

This is information that Bambuser AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was sent for publication, through the agency of the contact persons set out below, on 3 August 2021.

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.

https://news.cision.com/bambuser/r/bambuser-signs-master-agreement-with-lvmh-following-initial-pilot-activations-and-lvmh-innovation-aw,c3391910

https://mb.cision.com/Main/15749/3391910/1450476.pdf

https://news.cision.com/bambuser/i/bernard-arnault----sophie-abrahamsson,c2939804

https://news.cision.com/bambuser/i/bambuser-at-vivatech-2021,c2939805

https://news.cision.com/bambuser/i/bambuser-lvmh-logos,c2939807

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

Stocks mentioned in the article
ChangeLast1st jan.
BAMBUSER AB (PUBL) -2.45% 21.5 Delayed Quote.31.58%
LVMH MOËT HENNESSY LOUIS VUITTON SE -0.11% 664.3 Real-time Quote.30.16%
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Financials
Sales 2021 156 M 18,2 M 18,2 M
Net income 2021 -182 M -21,1 M -21,1 M
Net cash 2021 501 M 58,3 M 58,3 M
P/E ratio 2021 -24,5x
Yield 2021 -
Capitalization 4 487 M 522 M 522 M
EV / Sales 2021 25,6x
EV / Sales 2022 13,1x
Nbr of Employees 216
Free-Float 85,2%
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Mean consensus BUY
Number of Analysts 0
Last Close Price 22,04 SEK
Average target price 18,00 SEK
Spread / Average Target -18,3%
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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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