Sharing Economy International, Inc. announced that it has entered into a share exchange agreement with the shareholders of OOB HK Limited (“OOBHK”), to acquire 100% ownership of OOBHK. SEII will acquire 100% of OOBHK with the issuance of 239,387,189 shares of SEII series A convertible preferred stock at a price of $0.33 per share.
Contribution Marketing – Meeting Social Needs is Necessary for Brand Goodwill and Recognition
Launched in the year 2012, OOB HK holds a controlling share of OOB Sichuan which is listed on NEEQ and has a market capital value of over 1 billion RMB, is a marketing agency focused on serving brand customers in China with an integrated solution, both online and offline. Its clientele includes multinational brands such as Pizza Hut, Dumex, Remy Martin, Jaguar, Kao, and also large local brands like Ping An, Anta and Dicos. Its business spans across traditional media buy, social media marketing, and result-oriented mobile marketing. OOB Sichuan records 48 million RMB in revenue for the year of 2018.
COVID-19 Impact on Influencer Marketing – How Brands Are Tackling?
“Our mission is to provide a cost-effective approach towards marketing which allows brands to maximize return on investments,“ said Dominic Yee, CEO of OOBHK. “And we continue to be at the forefront in terms of identifying new opportunities in this challenging and dynamic environment.”
