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Share Name | Share Symbol | Market | Stock Type |
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Grand Vision Media Holdings Plc | GVMH | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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1.50 | 1.50 | 1.50 | 1.50 | 1.50 |
Industry Sector |
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MEDIA |
Top Posts |
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Posted at 11/2/2019 16:27 by tomboyb Grand Vision Media Statement re Strategic Partner in Japan11/02/2019 4:17pm UK Regulatory (RNS & others) TIDMGVMH London 11th February 2019 Grand Vision Media Holdings Plc ("GVMH" or the Company") Announces New Strategic Partner in Japan Grand Vision Media Holdings Plc (GVMH) is pleased to announce that it has signed a partnership agreement with Rakuten Bank KK (Rakuten) in Japan. Rakuten is one of the leading internet banking products and service provider in Japan. Through this agreement, Rakuten will actively promote GVMH's marketing services to its retail and hospitality customers seeking to capture a bigger share of the Chinese tourist spending. Together with the WechatPay services offered by Rakuten, GVMH can offer an integrated marketing and payment solution to Japanese clients. The services will initially cover the following: 1. Assisting overseas brands establish or enhance their Social Media presence in China 2. Using GVMH's OOH capabilities to broadcast 3D videos of travel destinations and organize off-line marketing events in cinemas in China to promote Japanese products and services. According to the Japan National Tourism Organisation, Chinese visitors were the largest visitor group in 2018, with 8.4 million visitors, an increase of 13.9% over 20171, 2. Jonathan Lo, CEO, said "Tourism marketing will be one of our key revenue drivers and core competencies as Chinese tourists now make up 21% of the total tourism spending worldwide3. With Rakuten Bank as our partner, we are well placed to increase our reach to potential advertisers in Japan, the top destination for Chinese tourists. We have already started providing our service to our first Japanese client, Narita Airport. Our agreement with Rakuten Bank follows on from the recent agreement which we signed with the CY Group in Korea. We shall continue to develop partnerships in the other travel destinations frequented by Chinese travellers. " |
Posted at 11/2/2019 16:25 by tomboyb Excellent rns - |
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