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- Buddy Technologies (BUD) has received its largest European order for its new LIFX White Smart Lights, totalling nearly $700,000
- This order complements a recent $3.8 million order for the same product
- Buddy has also announced that it will speed-up its business in Germany by running its first European TV advertisement
- This ad has been made in partnership with Google and online retailer Think.de
- Buddy has jumped 19.2 per cent on the market and shares are trading for 1.6 cents each
Buddy Technologies (BUD) has received its largest European order for its new LIFX White Smart Lights, totalling nearly $700,000.
This order is a very important milestone for the company, achieving its goal of “rapidly (and profitably) expanding into Europe, the Middle East and Africa” in 2020.
This order complements a recently received $3.8 million order, also for its LIFX White Smart lights.
Both of these orders have put Buddy in a strong financial position.
Buddy’s recently launched LIFX White Smart lights are low-cost, approximately $15, energy-efficient and easy to install. They also include wi-fi for easy and mobile use.
Furthermore, Buddy has also announced that it will speed-up its business in Germany by running its first European TV advertisement.
This ad, which was made in partnership with and funded by Google and online retailer Think.de, will start rolling out on Friday night.
The commitment to feature LIFX was also accompanied by an initial order of LIFX lights, and, should the ad perform well, then additional orders will be placed.
Buddy has jumped 19.2 per cent on the market and shares are trading for 1.6 cents each at 11:14 am AEST.
