ConneXionONE Corp. (OTC: CNNN) Stock Sees Big Rally After Approval of Dotarazzi App on iOS
Market Action
Yesterday, ConneXionONE Corp. (OTC: CNNN) emerged as one of the biggest movers in the market as its stock clocked gains of 498% to $0.065 amidst strong interest.
ConneXionONE Corp. (OTC: CNNN) Announces Approval of Dotarazzi App on iOS (Apple) and Android Launch, Setting the Stage for Global Expansion
On Tuesday, the company announced that Dotarazzi, its flagship social media platform, had been made available for download on both the Google Play Store and the Apple App Store.
The development was significant since it marked the entry of the social media app into the global social media space. The news led to a strongly positive reaction from the market, and it remains to be seen if the ConneXionONE Corp. stock can manage to hold on to its momentum over the coming days.
The launch of the Dotarazzi app on the two most popular app stores positioned the platform for wider adoption and provided the basis for the worldwide rollout. The app boasts a range of proprietary features and is primarily focused on real-time content. It would be competing in the fast-growing advertising and digital content market worth $200 billion.
In the news release, ConneXionONE Corp. also stated that it had made plans for a thorough worldwide marketing campaign, which would kickoff in Taiwan towards the end of October.
In 2025, the marketing campaign would be rolled out in Asia, North America, Europe, and South America. The strategy to market the product in phases is aimed at acquisition of users and striking partnerships with advertisers.
Management Comment
Chris Chang, ConneXionONE’s Chief Executive Officer, stated, “Securing approval from Apple and simultaneously launching the Android version is a pivotal step that positions Dotarazzi for widespread adoption and sets the foundation for our strategic global rollout. With our proprietary features and focus on authentic, real-time content, we are poised to capture a share of the rapidly evolving $200 billion digital content and advertising market. We’re confident that Dotarazzi’s unique approach and technology will resonate not only with end users but also with advertisers, brands, and strategic partners looking for innovative ways to engage audiences.”