RDE Inc (OTCMKTS:RSTN) Stock On Radar After Expanding Partnership with Mosquito Hunters
RDE Inc (OTCMKTS:RSTN) is best known for owning and operating the biggest restaurant specific digital deals platform Restaurant.com. Yesterday the company announced that it was excited about the growth in its partnership with Mosquito Hunters.
Trading Data
On Tuesday, RSTN stock moved up 1.92% to $3.3660 with 12.15K shares, compared to volume of 4.05K shares. The stock moved within a range of $3.2800 – 3.4000 after opening trade at $3.3100.
RDE, Inc.’s Restaurant.com Expands Partnership with Mosquito Hunters to a Nationwide Relationship
It was back in 2015 that the two entities, Mosquito Hunters and Restaurant.com, came together and at the time they focused mainly on the Chicagoland area. Due to the growth over the course of the past years, the relationship between the two went national. Mosquito Hunters uses the Restaurant.com platform for the purpose of customer referrals, retention, acquisition and reviews.
The Vice President of RDE, Tim Miller, spoke about the partnership as well and noted that it had proven to be a win-win for both parties. NichSorgani, who is with Mosquito Hunters, noted that over the past years, Restaurant.com proved to be a major component of its customer loyalty programs.
The partnership provided the company that went beyond the services that it offers to its customers. In essence, the partnership allowed Mosquito Hunters to provide its customers with value added services at a higher scale. It is going to be interesting to see if the latest development leads to any special focus on the RDE stock or not.