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MiMedia Integrates onto First Shipment of Smartphones with Newly Signed Smartphone Partner coolpad
Newsfile· 2025-08-19 12:30
Group 1 - MiMedia Holdings Inc. has successfully integrated its platform onto the first shipment of smartphones with its partner coolpad, marking a significant milestone in their collaboration [1][2][3] - The initial shipment consists of tens of thousands of coolpad smartphones, targeting the LATAM and Caribbean markets, with plans for further integration in multiple regions globally [2][3] - The integration process has been described as seamless, with both teams working efficiently together, and the company is optimistic about future shipments and growth opportunities in 2026 [3] Group 2 - coolpad is a leading consumer electronics company focused on innovation and family-centered technology, known for creating devices that enhance everyday life and targeting youth with trend-forward products [4] - MiMedia provides a next-generation consumer cloud platform that secures personal media in the cloud, offering a rich media experience and features that drive content re-engagement, partnering with smartphone makers and telecom carriers globally [5]
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]