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Logiq (NEO:LGiQ) announces new contract

Technology, The Watchlist
NEO:LGIQ
08 November 2022 12:00 (EDT)

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Logiq (LGIQ) has signed a managed services contract that will generate $2 million to $3 million in revenue per month.

The client, whose name is not disclosed for competitive reasons, is a mid-sized operating business.

Brent Suen, Chief Executive Officer, sat down with Sabrina Cuthbert to discuss the news.

“We’re extremely happy to report the new client win. This contract was already in the new business pipeline of Battle Bridge, a digital marketing firm that we acquired earlier this year. Congratulations go out to our consolidated team that won this contract. Furthermore, our goal is to provide our new client, and others like them with access to programmatic advertising to boost their arsenal of advertising and marketing technologies. Our 2021 acquisition of Rebel AI facilitates the on-ramp to ad exchanges for small to medium-sized businesses.”

Logiq Inc. is a U.S.-based leading global provider of e-commerce and digital customer acquisition solutions by simplifying digital advertising. It provides data-driven, end-to-end marketing through its results solution or allows software to access data by activating campaigns across multiple channels.

Logiq Inc. (LGIQ) opened trading at C$0.61.


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