Keek Social Inc. reports developments tied to its social media, live streaming and social commerce platform for consumers and businesses, with a focus on mobile products for iOS and Android. Company news centers on creator monetization, affiliate marketing integration, the Keek Offer Box, live-stream commerce, virtual gifts, paid access features, brand sponsorship tools and patent-pending AI ad insertion for online video content.
Recurring updates also cover the company's rebranding around the Keek platform, the recovery of Keek trademarks in major markets, trading-symbol changes, insider share purchases and other governance or capital-structure matters. These announcements describe how Keek is positioning its platform around revenue sharing, creator tools, advertising inventory and social commerce-enabled user experiences.
Personas Social re-launches Keek.com, offering a high-quality, feature-rich video viewing platform similar to YouTube. The new site enables content creators to upload or live stream, with additional support for gamers to stream their desktop games. Keek.com includes a multi-currency e-wallet for banking commissions and receiving incentives, along with engagement analytics for content creators. The site also boasts a referral program for earning credits. With approximately 800,000 backlinks, the re-launch aims to enhance marketing efforts and drive significant user traffic. Keek is available on Apple AppStore, Google Playstore, and www.keek.com.
Personas Social announced its Q1 2024 financial results, reporting a net loss of $2,359 compared to a net income of $108,295 in Q1 2023. Expenses rose significantly from $396,451 to $531,447, primarily due to increased consulting costs. These figures are detailed in the company's financial statements and MD&A for the quarter ending March 31, 2024, both filed with SEDAR.
Personas Social has completed the development of its Keek website, which will be launched next week. The site will complement the Keek mobile app, offering new features for content creators and gamers, including desktop livestreaming, paid subscriptions, and an integrated e-wallet for revenue payouts. The platform will support both longform and shortform video content. The company aims to enhance the user experience with this dual-format approach, making it unique and compelling for users. The Keek app is available on Apple Appstore and Google Playstore.
Personas Social Incorporated (TSXV: PRSN) provided an update on its year-end financial statements filings for 2023. The company reported a net loss of $164,066 for the year ending December 31, 2023, compared to a profit of $102,982 in 2022. Expenses increased to $2,339,914 from $1,590,744 in 2022. Management anticipates that advertising sales and software license fees from its live-streaming platform will drive most of the company's revenues in 2024.
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