Bambuser signs a framework agreement with LVMH following the first pilot activations and the LVMH innovation award
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STOCKHOLM, August 3, 2021 / PRNewswire / – Bambuser today announced that it has entered into a long-term framework agreement with LVMH Moët Hennessy Louis Vuitton (LVMH), following successful pilot activations. The agreement will strengthen the partnership of companies after Bambuser was awarded the LVMH Innovation Award.
Bambuser has already signed proof of concept agreements with two LVMH Maisons. Following the successful activations, Bambuser and LVMH have entered into a long-term framework agreement which allows all LVMH Houses and divisions in all markets to take advantage of Bambuser’s robust platform for purchasable livestreams.
The framework contract has an initial duration of 12 months from August 2021. The order value cannot be estimated in advance, as each company and business unit must submit an individual insertion order.
This is information that Bambuser AB is required to make public in accordance with the EU Market Abuse Regulation. The information has been sent for publication, through the contact persons indicated below, on August 3, 2021.
Contact information
Corporate Communications, Bambuser AB | +46 8 400 160 00 | [email protected]
Certified advisor
Bank Erik Penser AB | +46 8 463 83 00 | [email protected]
ABOUT BAMBUSER
Bambuser is a software company specializing in interactive live video streaming. The company’s main product, Live Video Shopping, is a cloud-based software solution that is used by customers such as global e-commerce and retail businesses to host live shopping experiences on sites. Web, mobile apps and social media. Bambuser was founded in 2007 and is headquartered in Stockholm.
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