Stingray rises as Walmart Canada joins retail media network

Stingray

19/04/2022 15:28

** Shares in Canada-based audio television channels provider
 RAYa.TO  rise 2.6% to C$7.07 vs slight fall in Canada's main
stock index  .GSPTSE 
    ** Stingray says Walmart Canada has joined its retail media
network for all in-store digital audio advertising  urn:newsml:reuters.com:*:nGNX7VW64h
    ** RAYa says its streaming media technology will help brands
connect with the 1.5 million shoppers who visit Walmart stores
daily across Canada
    ** Stingray retail media network will launch in 200 Walmart
stores in Canada this month, with remaining stores joining by
the end of Q2
    ** Walmart Canada, a Walmart  WMT.N  division, operates a
chain of more than 400 stores
    ** RAYa shares have gained 1% this year

 (Reporting by Praveen Paramasivam)
 ((Praveen.Paramasivam@thomsonreuters.com;))