Boatim Now Serves Over 20,000 Businesses and Showcases Over $1 Billion in Worldwide Boat and Yacht Inventory

Rhea-AI Summary

Boatim, Inc. (OTCQB:BTIM) has expanded its International Marketplace to serve over 20,000 boating businesses, featuring over $1 billion in boat and yacht inventory. The platform offers customized branded websites for boat manufacturers and service providers, enhancing their competitive edge. Boatim also launched a "Women in Boating" series to promote diversity within the community. The company continues its commitment to social responsibility by supporting victims of the Ukraine conflict. Founded in 2018, Boatim connects boaters with services and products via its website.

Positive

• Expanded International Marketplace to over 20,000 businesses.
• Showcases over $1 billion in boat and yacht inventory.
• Offers customized branded websites to enhance business competitiveness.
• Introduced a "Women in Boating" series to promote inclusivity within the industry.

Negative

• None.

MIAMI, FL / ACCESSWIRE / March 16, 2022 / Boatim, Inc. (OTCQB:BTIM), is pleased to announce that the Boat International Marketplace now serves over 20,000 boating businesses. The International Marketplace includes hard-to-find marinas and service providers, giving boaters direct access to the information, services, and goods they need, in one easy to navigate site, with over $1 billion in boat and yacht inventory. In addition to becoming the definitive directory and international marketplace for the recreational boating industry, Boatim is now offering customized branded websites to boat manufacturers, dealers, service providers, marinas, and everything boat related. In doing so, Boatim provides small businesses a competitive advantage that they have not had before in the boating industry.

In addition to the newest service offered by Boatim, the company has launched its "Women in Boating" series on Boatim.com. As a company dedicated to being "everything boat, everywhere" Boatim strives to include not only every business, but every member of the recreational boating community. CEO Joseph Johnson has said that, "by giving all professionals a voice, highlighting their careers and hobbies, and encouraging others to go boating, we are advancing the industry."

While Boatim continues to build digital tools that are disrupting the leisure boating industry, Boatim has also dedicated resources to help the victims of the conflict in Ukraine. Boatim is currently working with artists and other professionals on a project to raise funds for those affected by the tragedy.

About Boatim Inc.

Boatim Inc. (OTCQB:BTIM) is an innovative software company that hosts a recreational boating platform for consumers and provides professional software as a service (SaaS) business tools to the industry. Boatim is building the digital recreational boating products of tomorrow and connecting the global boating community. Boatim operates a worldwide online marketplace directly connecting boaters with the products and services they need on its website, Boatim.com.

Boatim Inc. was founded in 2018 and currently operates with offices in Miami (USA) and Barcelona (Spain). The publicly traded technology start-up provides industry-specific software, aimed at facilitating the process of buying and selling boats and providing digital maritime services online.

On BOATIM.com the boating industry can sell and promote products and services directly to boaters, while boaters can easily find and acquire the products, boats, and services they are looking for. Boatim allows boaters to connect with one another, share information, and provide reliable reviews and tips on the goods and services they use. The platform, which can be accessed through both mobile devices and desktops, generates revenues through listing placements and subscription plans, as well as on-platform ads. Boatim strives to compliment the recreational boating industry with its suite of digital tools and services by introducing innovative solutions to decrease industry costs and waste. Boatim is for boaters by boaters and always puts the consumer first.

Boatim has been trading at the OTCQB Venture Market under the trading symbol BTIM since August 2019.

Boatim Inc
7950 NW 53rd Street, Suite 337
Miami, Fl 33166
United States

To learn more about Boatim, visit https://investor.boatim.com

Forward Looking Statements

This press release contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: our ability to retain or increase users and engagement levels; our reliance on advertising revenue; our dependency on mobile operating systems, networks, and standards that we do not control; risks associated with new product development and their introduction as well as other new business initiatives; our emphasis on user growth and engagement and the user experience over short-term financial results; competition; litigation; privacy and regulatory concerns; risks associated with acquisitions; security breaches; and our ability to manage growth and geographically-dispersed operations. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed under the caption "Risk Factors" in our Annual Report on Form 10-K filed with the SEC on January 3, 2022, which is available via the SEC website at www.sec.gov. Additional information has also been set forth in our Annual Report on Form 10-K for the year ended Aug 31, 2021. In addition, please note that the date of this press release is March 16, 2022, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.

Boatim® is registered trademark of Boatim, Inc. All product names, trademarks and registered trademarks are property of their respective owners.

SOURCE: Boatim, Inc.

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FAQ

What recent development has Boatim, Inc. announced in March 2022?

Boatim, Inc. announced that its International Marketplace now serves over 20,000 boating businesses and showcases more than $1 billion in inventory.

What is the significance of the 'Women in Boating' series launched by Boatim?

The 'Women in Boating' series aims to promote diversity and inclusivity within the recreational boating community.

How does Boatim support small businesses in the boating industry?

Boatim provides customized branded websites to boat manufacturers, dealers, and service providers, offering them a competitive advantage.

When was Boatim, Inc. founded?

Boatim, Inc. was founded in 2018 and operates in Miami and Barcelona.

What is the trading symbol for Boatim, Inc.?

The trading symbol for Boatim, Inc. is BTIM, and it trades on the OTCQB Venture Market.