VSING (08292) Expands Global Store Count to 100, Enters Cambodia and India Markets

Stock News12-10

VSING (08292) announced that the group has successfully signed several agreements to expand its global store count to 100, marking its entry into the Cambodia and India markets. These stores will offer customers VSING's interactive entertainment systems, enhancing their karaoke experience and social interactions through features such as electronic gifts and robust social media integration.

Reaching 100 stores is a significant milestone in VSING's expansion strategy, delivering multiple benefits. The expansion not only increases user traffic and accelerates customer acquisition but also drives growth in platform-related consumption, including karaoke and electronic gifts. Additionally, integrating VSING's interactive entertainment systems as part of store renovation solutions for multiple locations will boost B2B business growth and elevate the brand's market presence.

The expanded network lays the groundwork for future business models, such as in-store promotional campaigns or media display solutions. The board believes that increasing the total store count to 100 is a crucial milestone in VSING's long-term development. It also establishes a scalable network framework to support the platform's future growth, aligning with the interests of the company and its shareholders.

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