The9 Expands Brand Partnership Network Across Southeast Asia
The9 (Nasdaq: NCTY) reported progress in the Southeast Asia offline-to-online initiative of its AI-powered digital asset ecosystem, the9bit, building a network of brand partnerships across Indonesia, Malaysia, and Vietnam.
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Rhea-AI Summary
The9 (Nasdaq: NCTY) reported progress in the Southeast Asia offline-to-online initiative of its AI-powered digital asset ecosystem, the9bit, building a network of brand partnerships across Indonesia, Malaysia, and Vietnam.
According to the company, the9bit has signed agreements with 41 brands in these markets, with 127 additional brands in the pipeline. In Malaysia, partners include Tealive, An Viet, Flaky, and TwoTone, with Flaky and TwoTone engaging the9bit's AI marketing platform through paid campaigns that generate recurring revenue. In Vietnam, Highlands Coffee is participating, while Indonesian partners include Yamie Panda and Koet Coffee in Yogyakarta.
During activation periods, the9bit platform averaged about 120,000 daily active users across the region. Since partnership marketing began in late May, the $9BIT token price has increased approximately 35%, from about US$0.037 to US$0.050, which the company attributes to growing market interest in the ecosystem.
Positive
- 41 brand partners signed across Indonesia, Malaysia, and Vietnam
- 127 additional brands in the Southeast Asia partnership pipeline
- Paid AI marketing campaigns generating recurring and marketing-services revenue for the9bit
- Approximately 120,000 daily active users on the9bit platform during activation periods
- $9BIT token price up ~35% since late May, from US$0.037 to US$0.050
Negative
- None.
Details
News Market Reaction – NCTY
On Aug 6, the day this news came out, NCTY closed 0.40% above the previous close. Argus tracked a peak move of +5.3% during that session. Our momentum scanner recorded 8 alerts for this stock that day.
Data tracked by StockTitan Argus for the Aug 6 session.
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the9bit Signs 41 Brand Partners Across Indonesia,
To date, the9bit has signed agreements with 41 brands across
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This momentum has extended to the9bit's token economy. Since the Company started these partnership marketing activities in late May,
The Company views the expanding partnership pipeline as a key enabler of the9bit's regional growth strategy. By embedding digital entertainment touchpoints within high-footfall physical venues, the9bit aims to create a differentiated experience layer that connects its platform with everyday consumer environments across
About The9 Limited
The9 Limited (Nasdaq: NCTY) is a global, diversified high-tech company redefining how games are created, played, and monetized. Founded in 1999 and Nasdaq-listed since 2004, The9 brings over two decades of gaming heritage to its flagship platform the9bit, an AI-powered digital asset ecosystem built around AI game creation and the
View original content:https://www.prnewswire.com/news-releases/the9-expands-brand-partnership-network-across-southeast-asia-302844731.html
SOURCE The9 Limited
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