Thumzup Accelerates Expansion Across the Greater Los Angeles Area Following Nasdaq Listing
November 14 2024 - 8:07AM
Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq:
TZUP), a leading provider of innovative social media branding and
marketing solutions which allow businesses and brands to pay
customers and fans cash through Venmo and PayPal for their posts on
social media, is thrilled to announce an ambitious expansion plan
aimed at significantly growing its presence throughout the greater
Los Angeles region. The Company, which has been primarily focused
on the west side of Los Angeles, is aggressively expanding into new
areas. Following the Company’s successful Nasdaq listing and $8.2
million dollar underwritten offering, Thumzup is leveraging new
resources to accelerate growth and connect more businesses with
local communities through its innovative user-generated advertising
approach.
This strategic expansion targets key areas,
including Beverly Hills, the San Fernando Valley, West Los Angeles,
Hollywood, Pasadena, Glendale, and more, with a dual approach that
not only helps local businesses amplify their brand reach, but also
empowers individuals within the gig economy. By enabling everyday
social media users to create authentic content and promote local
businesses, Thumzup fosters a mutually beneficial ecosystem where
advertisers can engage audiences with greater authenticity and
individuals can earn income by supporting and uplifting their local
communities. This model strengthens local economies and builds
lasting partnerships between consumers and businesses.
“Our successful Nasdaq listing has provided us
with the capital and momentum needed to ramp up our growth across
Los Angeles and Southern California,” said Robert Steele, Chief
Executive Officer of Thumzup. “By investing in our expansion, we
are not only supporting local businesses but also actively
contributing to the growth of Los Angeles’ gig economy. We believe
in empowering individuals to earn income through their creativity
and engagement, creating a more connected and thriving
community.”
Thumzup’s platform incentivizes users to share
branded content with their social networks, blending traditional
marketing with peer-to-peer endorsements. This grassroots strategy
has shown proven effectiveness in driving brand awareness and
engagement, particularly in diverse and dynamic markets like Los
Angeles.
The Thumzup app is available for download on the
App Store and Google Play.
About Thumzup®
Thumzup Media Corporation (Thumzup) is
democratizing the multi-billion dollar social media branding and
marketing industry. Its flagship product, the Thumzup platform,
utilizes a robust programmatic advertiser dashboard coupled with a
consumer-facing App to enable individuals to get paid cash for
posting about participating advertisers on major social media
outlets through the Thumzup App. The easy-to-use dashboard allows
advertisers to programmatically customize their campaigns. Cash
payments are made to App users/creators through PayPal and other
digital payment systems.
Thumzup was featured on CBS Los Angeles and in KTLA.
Legal Disclaimer
This press release contains certain
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These include, without limitation, statements about its potential
growth, impacts on the advertising industry, plans for potential
uplisting, and planned expansion. These statements are identified
by the use of the words "could," "believe," "anticipate," "intend,"
"estimate," "expect," "may," "continue," "predict," "potential,"
"project" and similar expressions that are intended to identify
forward-looking statements. All forward-looking statements speak
only as of the date of this press release. You should not place
undue reliance on these forward-looking statements. Although we
believe that our plans, objectives, expectations and intentions
reflected in or suggested by the forward-looking statements are
reasonable, we can give no assurance that these plans, objectives,
expectations or intentions will be achieved. Forward-looking
statements involve significant risks and uncertainties (some of
which are beyond our control) and assumptions that could cause
actual results to differ materially from historical experience and
present expectations or projections. Actual results may differ
materially from those in the forward-looking statements and the
trading price for our common stock may fluctuate significantly.
Forward-looking statements also are affected by the risk factors
described in our filings with the U.S. Securities and Exchange
Commission. Except as required by law, we undertake no obligation
to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or otherwise,
after the date on which the statements are made or to reflect the
occurrence of unanticipated events.
Company ContactThumzup Investor
Relationsinvestors@thumzupmedia.com800-403-6150
Media ContactJessica
Starmanmedia@thumzupmedia.com
- Thumzup Media Corporation
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