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<ul><li>QYOU and <keyword id="6855610" type="UNKNOWN" weightage="20" keywordseo="Chtrbox">Chtrbox</keyword> align to create premier creator-led content and distribution powerhouse across TV, OTT, digital and apps. </li><li> <keyword id="1334088" type="PERSON" weightage="20" keywordseo="Pranay-Swarup">Pranay Swarup</keyword>, Founder &amp; CEO, and <keyword id="11362330" type="UNKNOWN" weightage="20" keywordseo="Julie-Kriegshaber">Julie Kriegshaber</keyword>, COO, will continue in their leadership roles with Chtrbox.</li></ul><keyword id="5005022" type="COMPANY" weightage="20" keywordseo="QYOU-Media">QYOU Media</keyword> Inc, media brands out of the United States and Canada, has entered into a definitive share purchase agreement to acquire leading Influencer Marketing company Chtrbox (Chatterbox Technologies Private Limited) in India. <br /><br />Chtrbox will continue to run as an independently positioned brand, while benefiting from QYOU Media’s complementary businesses including The Q, a TV channel, and <keyword id="11362329" type="COMPANY" weightage="20" keywordseo="influencer-marketing-group">Influencer Marketing Group</keyword> in the USA. Pranay Swarup, Founder &amp; CEO, and Julie Kriegshaber, COO, will continue in their leadership roles with Chtrbox.<br /><br />Chtrbox, founded in 2016 out of Mumbai and Delhi, is a leader in data-driven influencer marketing, and has been powering India’s top brands to tell great stories at scale. Chtrbox offers its clients end-to-end influencer content solutions, including a massive diverse pool of over 300,000 influencers, from celebrities, social media stars, Gen-Z creators to micro and nano influencers. Their work can be found at www.chtrbox.com.<br /><br />QYOU Media has been built since inception with ‘influencers’ at its core, with offerings that rely on the creative voices of influencers and propels them even beyond social. QYOU’s India TV Channel, <i>The Q</i>, which is primarily creator led, records nearly 100 million viewer impressions weekly and gives advertisers holistic avenues to reach an India that’s young in their spirits and choices. The acquisition will lead to a substantial expansion of QYOU’s influencer marketing business in India and also deliver immediate and accretive capabilities to QYOU’s India broadcast operations, through acceleration of the company’s content, advertising and e-commerce initiatives. Pursuant to the definitive share purchase agreement, QYOU Media will initially purchase a majority stake in Chtrbox, with a three year earn out.<br /><br />Primary benefits established via the acquisition for both companies, their clients and stakeholders include:<br /><br />● The ability for QYOU’s TV channel, The Q, to further offer 360 degree influencer led content and ad campaigns across TV, OTT, digital and app based platforms that further tap into the deep experience and knowledge of the Chtrbox team<br />● Integration of Chtrbox and QYOU's USA influencer marketing business’s best practices across technology, data-analytics, creative brand strategy, and content production that will advance capabilities for both markets<br />● Complementary relationships with agencies and brands that support a 1+1 =3 opportunity for the combined businesses to drive additional revenue in the truly integrated campaigns it can offer<br />● Deeper access for The Q to hundreds of thousands of influencers for programming and content, including over 30 top and emerging influencers exclusively represented by Chtrbox<br />● The opportunity to drive more rapid development of social commerce business opportunities that are influencer driven at their core<br /><br />Curt Marvis, CEO and Co-Founder of QYOU Media Inc., commented, “This is an incredibly exciting day for our company. In our first conversation with the founders of Chtrbox, it was immediately apparent that we shared common goals about where and how a new media company needs to operate. They have built an amazing company in India that is destined for continued growth and the collective synergies between our businesses could not be better aligned. Our channel in India, The Q, with its massive recent ratings growth shows the power of the right creator led content. When we combine this with Chtrbox’s digital acumen and unparalleled knowledge of the world of influencer marketing, it is truly a match made in heaven. As an added bonus is the ability to integrate various aspects of the Chtrbox business and our talented US Influencer Marketing teams and leverage the best of all of these capabilities.”<br /><br />Pranay Swarup, CEO and Founder of Chtrbox, added, “We instantly clicked with QYOU's leadership over our shared vision that creators are, and will continue to be, the future of content, marketing, and commerce. With QYOU, we gain access to massive distribution reaching millions of households, while we continue to power awesome creator-led content across digital platforms and apps. Our biggest stakeholders are influencers and brands and they now have the opportunity to positively influence millions more.”<br /><br />Krishna Menon, Chief Operating Officer, The Q India, added, “At The Q India, partnering with some of the best creators and talent has been a key ingredient to our success. Well aligned with our vision, Chtrbox will also help strengthen our presence in the rapidly rising digital streaming space. Together, we are perfectly positioned to consolidate and advance influencer marketing, content development, distribution and engagement to the next level in India. We welcome Chtrbox to The Q family.”<br />

QYOU Media to acquire influencer marketing company Chtrbox

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>AP/Evan Vucci/Vincent Yu/Business Insider composite</span></p><p class="caption">President Trump (left) and Huawei CEO Ren Zhengfei.</p></div><p></p></div></div></p><p>Good morning! This is the tech news you need to know this Tuesday.</p><ol><li><strong><a href="https://www.businessinsider.com/huawei-us-ban-scaled-back-temporary-license-2019-5?r=US&amp;IR=T">The US government temporarily loosened restrictions so that Huawei can help its existing customers</a>. </strong>Potential beneficiaries of the temporary license could include internet-access and mobile-phone service providers in thinly populated places such as Wyoming and eastern Oregon that purchased network equipment from Huawei in recent years.</li><li><strong><a href="https://www.businessinsider.com/trump-huawei-blacklist-enterprise-software-2019-5?r=US&amp;IR=T">Trump's blacklist of Huawei has serious implications for Red Hat, Oracle, VMware and other huge US software companies</a>.</strong> Many enterprise software companies sell their wares to the Chinese giant, and have joint tech development or sales agreements.</li><li><strong><a href="https://www.businessinsider.com/google-glass-enterprise-edition-graduates-x-2019-5?r=US&amp;IR=T">Google Glass is graduating from Google's moonshot division with the launch of its second-generation enterprise product</a>.</strong> Glass project lead Jay Kothari wrote in a blog post Monday that the division spun out to "meet the demands of the growing market for wearables in the workplace."</li><li><strong><a href="https://theintercept.com/2019/05/20/facebook-data-phone-carriers-ads-credit-score/">The Intercept obtained a confidential Facebook document which showed the company courts mobile network carriers and phone manufacturers with the promise of user data</a>.</strong> The document referred to roughly 100 different companies in 50 countries.</li><li><strong><a href="https://www.bloomberg.com/news/articles/2019-05-20/doj-said-to-lean-against-approving-t-mobile-s-takeover-of-sprint">A source told Bloomberg the DOJ is leaning against letting T-Mobile take over Sprint</a>.</strong> FCC Chairman Ajit Pai already said he'd recommend the acquisition go through with some proposed concessions.</li><li><strong><a href="https://www.businessinsider.com/twitch-streamers-pro-gamers-paid-50000-hour-2019-5?r=US&amp;IR=T">Pro gamers can get paid up to $50,000 an hour to play newly released games</a>.</strong> Video game publishers are paying streamers to promote their games in lieu of traditional marketing strategies, and so far it's been working.</li><li><strong><a href="https://www.businessinsider.com/mary-meeker-bond-canva-funding-2019-5?r=US&amp;IR=T">Design startup Canva is now a $2.5 billion company, thanks to the first-ever investment from legendary VC Mary Meeker's new fund</a>.</strong> Canva, an online visual presentation software company that competes directly with Google's G Suite and Microsoft PowerPoint, raised $70 million at $2.5 billion valuation on Monday.</li><li><strong><a href="https://www.businessinsider.com/instagram-influencers-celebrities-private-contact-info-exposed-report-2019-5?r=US&amp;IR=T">Nearly 50 million Instagram influencers and celebrities reportedly had their private contact information scraped and exposed on a database online</a>.</strong> The database was compiled by an India-based social media marketing firm called Chtrbox, and has been taken down.</li><li><strong><a href="https://www.businessinsider.com/slack-changed-stock-ticker-to-work-weeks-before-ipo-2019-5?r=US&amp;IR=T">Slack changed its stock ticker weeks before its expected IPO</a>.</strong> Instead of 'SK' Slack wants to be 'WORK.'</li><li><strong><a href="https://www.theverge.com/2019/5/20/18629892/microsoft-xbox-phil-spencer-video-games-industry-effort-toxicity-abuse-harassment">The head of Xbox wrote a blog spelling out how the company plans to combat toxicity in gaming, the Verge reports</a>.</strong> Phil Spencer said Microsoft was committing itself to new initiatives aimed at making gaming widely more accessible and safer, starting by expanding its safety team.</li></ol><p>Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings.</p><p>You can also <a href="https://newsletter.businessinsider.com/join/free">subscribe to this newsletter</a> here - just tick "10 Things in Tech You Need to Know."</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="https://www.businessinsider.com/london-handbag-fire-hoses-recycled-fashion-accessories-sustainability-2019-5">This London handbag company has recycled 175 tons of fire hoses into fashion accessories</a></h3>        <div>                    </div>    </div>

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