QYOU Media';s India Influencer Marketing Business Chtrbox Records Largest Revenue Month in History
- Chtrbox achieved its largest revenue month since inception, indicating strong growth and potential for future success.
- India was the second fastest growing market for influencer marketing in 2022, and the global influencer marketing industry is projected to generate USD $21.1 billion in 2023, with the creator economy expected to reach nearly half a trillion dollars by 2027.
- None.
October Revenue Hits
Growth Driven by Larger Budget Campaigns and Strong Diwali Holiday Social Media Marketing
According to a report from analysis firm PQ Media,
Curt Marvis, CEO and Co-Founder, QYOU Media, commented "We are so proud of the amazing accomplishments of the Chtrbox team throughout October and we look for a continued strong quarter for the business. While 2023 has manifested many challenges in the global economy and additionally here in our US influencer business with the ongoing actors strike, we continue to believe that the power of creators to drive awareness, engagement and purchase intent for brands is the future for all marketers. The October results at Chtrbox underscore that. We have established an incredible list of first class globally known brands that increasingly rely on us to bring them relevant audiences at scale and we believe our hard work to establish our position in the burgeoning creator economy will pay dividends as we move ahead."
* Unaudited and at an exchange rate of |
**https://www.pqmedia.com/product/global-influencer-marketing-forecast-2023-2027/ |
https://influencermarketinghub.com/influencer-marketing-benchmark-report/ |
https://www.goldmansachs.com/intelligence/pages/the-creator-economy-could-approach-half-a-trillion-dollars-by-2027.html |
One of the fastest growing creator-media companies, QYOU Media operates in
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE QYOU Media Inc.
FAQ
What was the total revenue achieved by Chtrbox in October 2023?
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