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The Boat International Marketplace (Boatim) Is Now Everything Boat And Everything Boat Related

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Boatim, Inc. (OTCQB:BTIM) has expanded its platform, Boatim.com, to include all boating-related services, aiming to simplify the buying and selling of boats and related products. The marketplace features over 6,600 boats for sale, 2,000 marinas, and 17,000 businesses. Providers can utilize digital tools for direct communication with customers without high SEO costs. The company is also testing mobile applications for a regional rollout within 15 days. Founded in 2018, Boatim connects the boating community and aims to reduce costs in the recreational boating industry.

Positive
  • Expansion of Boatim.com to include all boat-related services.
  • Marketplace comprises over 6,600 boats, 2,000 marinas, and 17,000 businesses.
  • Providers can use digital tools without incurring high SEO costs.
  • Mobile applications are set for regional rollout within 15 days.
Negative
  • Dependence on advertising revenue poses financial risk.
  • User retention and engagement levels crucial for success.
  • Potential risks due to competition and regulatory concerns.

MIAMI, FL / ACCESSWIRE / March 3, 2022 / Boatim, Inc. (OTCQB:BTIM), is pleased to announce the inclusion of everything boat related on its site Boatim.com. Now, boaters can both find and sell boats with ease, as well as find marinas and the services and products offered near them. This newest iteration follows the introduction of Marinas to the Boat International Marketplace two weeks ago. Each provider registered on Boatim.com has the ability to use Boatim's proprietary professional digital tools to directly communicate with boaters and other stakeholders, claim their business profile, subscribe to Boatim's lead generation tools, and sell directly to their customers, without having to pay extravagant search engine optimization (SEO) expenses. The Marketplace includes over 6,600 boats for sale, 2,000 registered marinas, and 17,000 businesses. Boatim continues to test its mobile applications, which it will begin to roll out to selected regions within the next 15 days. As a company dedicated to being "everything boat, everywhere" Boatim strives to connect the recreational boating world digitally with the tools necessary to get out on the water safely and economically.

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 3, 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.



View source version on accesswire.com:
https://www.accesswire.com/691380/The-Boat-International-Marketplace-Boatim-Is-Now-Everything-Boat-And-Everything-Boat-Related

FAQ

What is the latest update from Boatim Inc. as of March 3, 2022?

Boatim Inc. has expanded its services on Boatim.com to include everything related to boating, enabling easier buying and selling.

How many boats and marinas are listed on Boatim.com?

Boatim.com features over 6,600 boats for sale and 2,000 registered marinas.

What tools are available for providers on Boatim.com?

Providers can use proprietary digital tools for direct communication with customers without high SEO expenses.

When will Boatim's mobile applications be available?

Boatim plans to roll out its mobile applications to selected regions within the next 15 days.

What potential risks does Boatim face according to their press release?

Boatim faces risks related to advertising revenue reliance, user engagement, competition, and regulatory concerns.

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