STOCK TITAN

Touchpoint Group Holdings Announces Strategic Partner and Provides an Update on RPT Live Subscribers

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Touchpoint Group Holdings (TGHI) reported a significant milestone for its RPT Live app, which enables users to stream fitness and wellness classes. The company has surpassed 30,000 downloads and boasts over 4,000 subscribers with an impressive conversion rate of 18.7%. A strategic partnership with celebrity Trey Songz as a key influencer aims to enhance the app's marketing appeal. Safai, the CEO, expressed enthusiasm about the collaboration, emphasizing the potential for further celebrity partnerships and the innovative approach towards online fitness.

Positive
  • Over 30,000 downloads of the RPT Live app.
  • Subscriber count exceeded 4,000.
  • 18.7% conversion rate from downloads to subscribers.
  • Partnership with celebrity Trey Songz for marketing.
Negative
  • None.

Touchpoint platform connects fans and brands while promoting wellness in new ways during COVID-19 pandemic

The RPT Live app allows fans to participate in live stream fitness, motivation and focused well-being classes from the safety of home

MIAMI, Feb. 11, 2021 (GLOBE NEWSWIRE) --  Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media and digital technology holding company, and its licensee, Royal Personal Training (“RPT” or “Royal”), today provided an update on subscriber growth and announces new strategic partner for the RPT Live Touchpoint app (RPT Live) available in the iOS store.

The RPT Live fitness app is providing subscribers with the ability to live stream classes hosted by RPT’s thriving team of 40 elite instructors proficient in nutritional counseling, goal mapping, exercise testing, body composition analysis, and much more. The app also provides access to class schedules, descriptions, and original merchandise. In addition to the multi category on-demand video classes, the RPT team of instructors are able to live stream and upload classes to the app, providing users access to elite level training from anywhere. The RPT Live fitness application is available for download on any iOS device via Apple’s App Store.

The RPT team has entered into an agreement with celebrity artist Trey Songz as the face of their key influencer marketing drive to promote RPT Live. Trey Songz will be hosting weekly live stream classes and assisting Royal in promoting their unique brand of fitness and wellbeing. To date, downloads of the app are in excess of 30,000 with subscribers of over 4,000. Daily average for the last 30 days of download to subscriber conversion rate is 18.7%.

Shahin Safai, founder and CEO of RPT, commented, “I am proud to announce this collaboration with Trey who brings a new dimension to RPT Live. Singer, songwriter, rapper, and actor, Trey has an enviable exposure to social media and we are excited to extend our brand of fitness and well-being to his audience for RPT Live.

Over the past eight years we have built a network of high-profile clients that have grown to become family. This partnership with Trey will serve as a pillar to build on for further celebrity content and relationships. We have curated a new form of digital fitness that takes the excitement of a live workout and makes you feel truly as if you were in the gym training with one of our elite coaches and celebrity friends. We have created highly captivating workout programs that are not only extremely effective but very entertaining as well. Filled with intriguing Q&As, special guest appearances, insightful advice and much more. This is an exciting time, and I am truly overwhelmed by our early success with subscribers nearing 5,000.”

Trey Songz commented, “RPT and I both believe that the power of fitness can help bring out the best version of ourselves, not only physically but mentally as well. I've been training with RPT for several years, they are family to me and so this partnership was natural progression of our relationship. Our first live workout on the app was an incredible experience and I loved to see that people from all around the world joined in to train with me.”

Spencer Christopher CTO of Touchpoint, said, “Shahin and his team have done an incredible job curating and expanding their strategy for continued growth of the platform. Trey’s cultural impact has spanned generations and now he’s bringing his love of fitness and wellness to that audience. This collaboration is a testament to our unyielding pursuit to build a fully engaging and motivating experience that our community will come back to every single day. RPT continues to break barriers and expand horizons with their industry changing approach to online physical training and the thriving RPT Live app exemplifies this.”

About Touchpoint Group Holdings.

Touchpoint Group Holdings Inc. is a media and digital technology acquisition and software company. For more information, see http://touchpointgh.com/.   

Safe Harbor Statement

This news release may contain “forward-looking” statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward-looking statements. Potential risks include such factors as the inability to enter into agreements with parties with whom we are in discussions, the uncertainty of consumer demand for the Company’s products, as well as additional risks and uncertainties that are identified and described in the Company’s SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.

Contact

Crescendo Communications, LLC
212-671-1021
tghi@crescendo-ir.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5c9cd3d2-1de7-479f-8bae-9844481c2a68


FAQ

What are the latest subscriber numbers for Touchpoint Group Holdings' RPT Live app?

Touchpoint Group Holdings' RPT Live app has over 4,000 subscribers.

Who is the celebrity partner for the RPT Live app promotion?

Trey Songz is the celebrity partner promoting the RPT Live app.

What is the conversion rate from downloads to subscribers for the RPT Live app?

The conversion rate from downloads to subscribers is 18.7%.

How many downloads has the RPT Live app reached?

The RPT Live app has surpassed 30,000 downloads.

What services does the RPT Live app offer to its users?

The RPT Live app offers live stream fitness classes, nutritional counseling, and goal mapping.

TOUCHPOINT GRP HLDGS INC

OTC:TGHI

TGHI Rankings

TGHI Latest News

TGHI Stock Data

344.25k
3.44B
1.97%
0.32%
Software - Application
Technology
Link
United States of America
Miami