Yahoo Finance

PALO ALTO, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- ConneXionONE Corp (OTC: CNNN) is proud to announce the impressive first-month results of Dotarazzi, its user-centric social media platform that empowers users with transparency, authenticity, privacy, and real-time engagement. Following its Taiwan launch, Dotarazzi has exceeded initial performance expectations, showing strong user adoption, retention, and strategic potential, positioning itself as a leading contender in the evolving social media industry.

Key Highlights from the First Month

• Expanding User Engagement: Over 1,000 active users organically joined the platform, spending an average of 12-20 minutes per session, surpassing pre-launch user engagement benchmarks by 50%. Users are actively exploring Dotarazzi’s unique features like the Buzzing Wall and Trending, which enable real-time, location-based social interactions.

• Strong Retention: Achieved a weekly retention rate of 86.21%, reflecting high user satisfaction and loyalty, significantly outperforming industry averages for new social media platforms.

• Growing Global Reach: Dotarazzi is now accessed in 33 countries, with Taiwan leading user adoption, followed by the United States and South Korea.

• Media Momentum: The platform secured 64 media mentions, including coverage in prominent outlets like Liberty Times and TVBS, establishing Dotarazzi as a rising force in the social media industry.

Strategic Partnerships Set to Launch in Q1 2025

Dotarazzi is actively engaging with key partners to build its revenue channels and market presence:

• Retail Partnerships: Local retail chains and shopping malls are in discussions to develop co-branded marketing campaigns that will enhance customer experiences through in-store promotions tied to Dotarazzi’s platform.

• Event Sponsorships: Dotarazzi is collaborating with event venues, such as sports stadiums and music halls, to leverage its Buzzing Wall and Trending features for real-time audience interaction and sponsor engagement.

Dotarazzi aims to secure at least 10 partnerships by mid-2025, driving rapid revenue growth and further market penetration.

Path to Accelerated Growth

As Dotarazzi prepares to expand its monetization capabilities, the company will focus on two core initiatives to scale user acquisition and revenue:

• Dot-Buzzer Program: Engaging high school and university students as ambassadors to drive user acquisition and foster community engagement.

• Dot-Engage Program: Collaborating with local businesses for co-branded promotions that attract users while generating revenue through advertising and sponsorships.