iClick Interactive Asia Group Limited Announces Closing of Disposal of Its Mainland China Demand Side Marketing Solutions Business

Group 1 - The company has successfully closed the disposal of its demand side marketing solutions business in mainland China as per the share purchase agreement dated September 11, 2024 [1] - The company aims to enhance operational efficiency and realign its business focus to adapt to market trends, which is expected to improve liquidity and profitability, contributing to long-term shareholder value [2] - iClick Interactive Asia Group Limited, founded in 2009, is a leading online marketing and enterprise solutions provider in Asia, offering a full suite of data-driven solutions to drive business growth and profitability [3]