UK's B90 rises on strong trading, T4U deal
21/06/2022 10:11
** Shares of online marketing and operating co B90 Holdings
B90.L rise as much as 5.2%
** Co says trading during the first five months of 2022 were
in line with the management's expectations urn:newsml:reuters.com:*:nFWN2Y7051
** B90 says in first 5 months its net revenue has already
exceeded revenue reported for the entire 2021
** "This growth primarily comes from the entry into the
Brazilian market, where the Group launched both of its operating
brands in April 2022," co says
** Also entered deal to buy through its unit, remaining 49%
of tippen4you.com owner T4U Marketing urn:newsml:reuters.com:*:nTUC9NmPCK
** Including session's gains, stock down ~53% YTD
(Reporting by Amna Karimi in Bengaluru)
((amna.karimi@thomsonreuters.com))