ACCESS Newswire
23 Jun 2022, 16:55 GMT+10
STOCKHOLM, SWEDEN / ACCESSWIRE / June 23, 2022 / Bambuser AB (STO:BUSER)(FRA:5JL)
Stockholm - 23 June 2022 - Bambuser today announced it has signed a renewal of the Master Agreement with LVMH Moët Hennessy Louis Vuitton (LVMH). The Master Agreement includes the One-to-One and the One-to-Many solutions from the Bambuser product suite. LVMH is extending the existing agreement for 3 years, the maximum duration of time the group sign vendor agreements.
The extension comes only a few months after LVMH added the One-to-One solution to the existing agreement after many successful Live Video Shopping pilots by selected LVMH Maisons. The extension also strengthens the partnership between Bambuser and LVMH and will allow LVMH to keep pioneering in the video commerce sphere.
Following today's extension of the Master Agreement, Bambuser's Live Video Shopping solutions are now available to all LVMH's Maisons. Bambuser's product suite is a cloud-based software solution used by global e-commerce and retail businesses to host live shopping experiences on websites, mobile apps, and social media.
'We are honoured to renew the Master Agreement with LVMH, and beyond excited that the Maisons of LVMH will continue to pioneer live video commerce. We strongly believe that they will create an industry standard by offering innovative One-to-Many and One-to-One video shopping experiences as a compliment to physical retail and traditional e-commerce,' says Maryam Ghahremani, CEO at Bambuser.
Contact information
Molly Stjerna, Communications Manager
+46 (0) 790 661 863
[email protected] | [email protected]
Corporate Communications, Bambuser AB
+46 8 400 160 00 | [email protected]
Certified Adviser
Erik Penser Bank AB | +46 8 463 83 00 | [email protected]
About Bambuser
Bambuser is a software company specializing in interactive live video streaming. The Company's primary 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 websites, mobile apps and social media. Bambuser was founded in 2007 and has its headquarters in Stockholm. Subscribe to Bambuser's press releases here.
Attachments
Bambuser and LVMH signs 3-year renewal of Master Agreement
SOURCE: Bambuser AB
Get a daily dose of Nashville Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nashville Herald.
More InformationMOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...
CAIRO, Egypt: This week, both Hamas and Israel shared their views ahead of expected peace talks about a new U.S.-backed ceasefire plan....
WASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...