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MiMedia Integrates onto First Shipment of Smartphones with Newly Signed Smartphone Partner coolpad
Newsfile· 2025-08-19 12:30
MiMedia Integrates onto First Shipment of Smartphones with Newly Signed Smartphone Partner coolpad August 19, 2025 8:30 AM EDT | Source: MiMedia Holdings Inc. New York, New York--(Newsfile Corp. - August 19, 2025) - MiMedia Holdings Inc. (TSXV: MIM) (OTCQB: MIMDF) (FSE: KH3), ("MiMedia", or the "Company") is pleased to announce that the Company has successfully integrated onto its first shipment of smartphones with recently announced device manufacturer partner coolpad. The Company announced its partnership ...
Walmart Latin America and MiMedia Sign Major Strategic Partnership
Newsfile· 2025-03-17 12:15
Core Insights - MiMedia Holdings Ltd. has signed a strategic partnership with Walmart Latin America, marking a significant milestone for the company [1][2] - The partnership aims to integrate MiMedia's platform onto millions of smartphones sold through Walmart's subsidiary, Bait, which is the third largest telecom carrier in Mexico [1][3] Company Overview - MiMedia provides an AI-based consumer cloud platform that allows users to secure and access personal media across devices and operating systems [8] - The platform offers features such as rich media experiences, organization tools, and private sharing capabilities, leveraging advanced AI technologies [8] Partnership Details - Walmart Latin America generates over USD $48 billion in annual revenue and operates more than 4,000 stores in Mexico and Central America [2] - Bait has grown to 18.3 million subscribers within five years and is positioned to potentially surpass AT&T Mexico as the second largest telecom provider in 2025 [3][4] - The partnership will include the integration of MiMedia's app on new smartphones and an OTA update for existing Bait customers [4] Market Potential - The collaboration will tap into Walmart's extensive digital ecosystem, which includes popular apps like "Cashi" for digital payments and "Salud" for healthcare, enhancing user engagement with MiMedia's platform [5] - Walmart's "Digital Connection" database has 46 million contactable customers, providing a substantial target audience for MiMedia's services [5] Future Outlook - The partnership is expected to create a reliable pipeline of smartphones integrated with MiMedia's platform, generating high-margin, recurring revenue for both companies [6] - A company update call is scheduled to provide further insights into the business impact of this partnership [6]