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Shareholder Alert: Ademi LLP Investigates Whether iClick Interactive Asia Group Limited Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating iClick (NASDAQ: ICLK) for possible breaches of fiduciary duty and other violations of law in its transaction with Amber DWM. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. Upon completion of the Merger, the Amber DWM shareholders and iClick shareholders will own approximately 90% and 10%, respectively,.
iClick Interactive Asia Group Limited Reports 2024 Half-Year Unaudited Financial Results
HONG KONG , Nov. 27, 2024 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (Nasdaq: ICLK), a renowned online marketing and enterprise solutions provider in Asia that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced unaudited financial results for the six months ended June 30, 2024. Six Months Ended June 30, 2024 2023 Percentagechange (US$ in thousands) (Unaudited) Financial Metrics: Revenue from continuing operations Marketing Solutions 9,324 12,663 (26) % Enterprise Solutions 4,896 4,330 13 % Total revenue from continuing operations 14,220 16,993 (16) % Gross profit from continuing operations 8,096 9,276 (13) % Net loss from continuing operations (1,269) (10,275) N/M Net loss from discontinued operations (5,104) (18,294) N/M Diluted net loss from continuing operations per American Depositary Shares ("ADS") (0.12) (1.01) N/M Operating Metrics: Gross billing 23,060 29,983 (23) % "I am pleased to report that our continuing operations recorded an improvement in gross margin to 56.9% in the first half of 2024 from 54.6% in the first half of 2023, and we saw the increase in enterprise solutions revenue by 13% year-over-year.
iClick Interactive Asia Group Limited Announces Closing of Disposal of Its Mainland China Demand Side Marketing Solutions Business
HONG KONG , Nov. 27, 2024 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a renowned online marketing and enterprise solutions provider in Asia that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced that it has closed its previously announced disposal of its demand side marketing solutions business in mainland China in accordance with the terms and conditions of the share purchase agreement dated September 11, 2024. The Company will continue to enhance operational efficiency and realign its business focus to adapt to market trends.
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Iclick Interactive Asia Group Limited ADR Profile
| Advertising Agencies Industry | Communication Services Sector | Dr. Jian Tang CEO | NASDAQ (NMS) Exchange | 45113Y104 Cusip |
| HK Country | 894 Employees | - Last Dividend | 14 Nov 2022 Last Split | 22 Dec 2017 IPO Date |
Overview
iClick Interactive Asia Group Limited operates as a comprehensive online marketing service provider, with a vast footprint that extends beyond the People's Republic of China to the global marketplace. The company, established in 2009 under the initial name Optimix Media Asia Limited, underwent a rebranding to iClick Interactive Asia Group Limited in March 2017. With its headquarters situated in Quarry Bay, Hong Kong, iClick has carved a niche for itself by offering state-of-the-art marketing solutions that leverage advanced technology and data analytics to empower businesses in identifying and engaging their target audience effectively. It specializes in a suite of online marketing services and solutions that cater to a diverse clientele, including marketers, marketing agencies, and various merchants, aiming to enhance brand awareness, drive performance-driven campaigns, and facilitate effective customer relationship management through innovative digital platforms and tools.
Products and Services
- iAudience:
- iAccess:
- iNsights 2.0:
- iSCRM:
- iParllay:
- Mobile Marketing Solutions:
- Enterprise Solutions:
A market intelligence platform designed to offer real-time insights into target audiences and competitive landscapes, iAudience enables businesses to uncover potential market opportunities and fuel long-term growth by analyzing audience behaviors and preferences.
This audience engagement and activation solution is tailored to support both brand awareness-driven and performance-driven campaigns. iAccess helps brands to connect with their audience effectively, maximizing the impact of their advertising efforts.
A marketing analytics platform, iNsights 2.0 provides marketers with comprehensive analyses like conversion path analysis, cross-channel effectiveness analysis, and e-commerce analysis, among others. This tool is instrumental in streamlining marketing strategies and optimizing performance.
A WeChat-based social customer relationship management tool, iSCRM allows enterprises to manage and operate WeChat private traffic effectively, enhancing engagement and loyalty through personalized communication.
Serving as a social commerce platform, iParllay enhances customer management and marketing automation capabilities, enabling businesses to leverage social media’s vast potential for direct sales and customer interaction.
iClick’s mobile marketing solutions focus on identifying, engaging, and activating audiences across mobile apps, along with monitoring and measuring the outcomes of online marketing campaigns to ensure their success.
The company offers comprehensive enterprise solutions that assist clients in collecting information from various consumer touchpoints and integrating them into a single data management platform. This aids in driving informed sales and marketing decisions, ultimately contributing to the business's bottom line.
Contact Information
