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Joy Spreader Enters into A Placement and Subscription Agreement to Raise HK$600 Million

The Transaction Adds Momentum to the Continued Growthof Joy Spreader's OverseasIndependent Station E-Commerce Business BEIJING, June 9, 2022 /PRNewswire/ On June 7, Joy Spreader Group Inc. ("Joy Spreader" or the "Company") announced that it has entered into a placement and subscription agreement to raise approximately HK$600 million (approx. US$76.5 million) to further support the rapid development of its overseas independent statione-commerce business,as well asto expand the scale of the businessand consolidate its market position. Goldman Sachs, the world's leadinginvestment bank, actedas the exclusive agent for the placement. Joy Spreaderis aleader in new media performance-based marketing, providing new media traffic commercialization services both in China and abroad through digital technologies that facilitate the direct-to-consumer ("DTC") sales of their clients' products. The Company is one of the largest in China using marketing algori ....

Goldman Sachs , Joy Spreader Group Inc , Transaction Adds Momentum , Continued Growth , Joy Spreader , Overseasindependent Statione Commerce , Joy Spreader Group , Southeast Asia , Spreader Group , The Transaction Adds Momentum To Continued Growthof Joy Spreader 39s Overseasindependent Statione Commerce Business Beijing , June 9 , 022 Prnewswire On June 7 , Oy Spreader Group Inc Quot Joy Or The Company Announced That It Has Entered Intoa Placement And Subscription Agreement To Raise Approximately Hk 600 Million Approx Us 76 5 Further Support Rapid Development Of Its Overseas Independent Statione Commerce Business , As Well Asto Expand The Scale Of Businessand Consolidate Its Market Position Goldman Sachs , He World 39s Leadinginvestment Bank , Ctedas The Exclusive Agent For Placement Joy Spreaderis Aleader In New Media Performance Based Marketing , Roviding New Media Traffic Commercialization Services Both In China And Abroad Through Digital Technologies That Facilitate The Direct To Consumer Quot Dtc Sales Of Their Clients 39 Products Company Is One Largest Using Marketing Algorithm Modelsand An Intermediary Platformfornew Businesses Joy Spreader Offers Performance Based Fore Commerce Interactive Entertainment Productson Douyin Wechat Platforms , Hrough Which Consumers Can Purchase Personalized Products Based On Their Content New Media Platforms In The Fourth Quarter Of 2021 , Oy Spreaderwas The First In Industry To Complete Commercialization Of Itse Commerce Business On Tiktok , Ooking Revenue Ofhk 148 Million Forthe Quarter In The First Of 2022 , He Company Announcedrevenue Of Hk 512 Million , Epresentinga 246 Increase Joy Spreader In Concert With Its Partnershas Put Placea Supply Chain Service System For Cross Border Of Goods , Verseas Warehousing , Local Logistics , S Well As Offline And Online Payment In Order To Adapt The Features Of Tiktok , Oy Spreaderbuiltan Online Independent Station Based On An Interest Basedalgorithm Model The Company 39s Business Operatesin Severalcountries And Regions Acrosssoutheast Asia ,

Joy Spreader Enters into A Placement and Subscription Agreement to Raise HK$600 Million

/PRNewswire/ On June 7, Joy Spreader Group Inc. ("Joy Spreader" or the "Company") announced that it has entered into a placement and subscription agreement. ....

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