Starbox Group Holdings Ltd's Comment on Sales, Marketing and Customers
The company provides cash rebate services to merchants through its website and mobile application. It focuses on establishing and expanding relationships with advertisers to fulfill demand for digital advertising services. The company initiated its cash rebate and digital advertising operations in 2019 and began its software licensing business in 2023. On March 24, 2023, it entered a three-year software licensing agreement with Brandavision Sdn Bhd, which includes licensing its Data Management System, database access, staff training, and technical support, with a total contract value of RM12,400,000 (US$2.8 million). Subsequently, the company entered into similar agreements with three additional unnamed entities.
Starbox Group Holdings Ltd’s Comment on Sales, Marketing and Customers
The company provides cash rebate services to merchants through its website and mobile application. It focuses on establishing and expanding relationships with advertisers to fulfill demand for digital advertising services. The company initiated its cash rebate and digital advertising operations in 2019 and began its software licensing business in 2023. On March 24, 2023, it entered a three-year software licensing agreement with Brandavision Sdn Bhd, which includes licensing its Data Management System, database access, staff training, and technical support, with a total contract value of RM12,400,000 (US$2.8 million). Subsequently, the company entered into similar agreements with three additional unnamed entities.
Sources:
Starbox Group Holdings Ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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