#DoYourSports (100%), World Fitness Experience (100%), SYNBIOTIC (20%) Projected revenue 2021: ca. EUR 10-15 million #DoYourSports offers Home Fitness & Yoga accessories (doyoursports.de). World Fitness Experience (100%) is a leading Fitness Convention with additional owned brands (worldfitness.de). SYNBIOTIC (20%) is a fast growing company in the cannabinoid sector (synbiotic.com). Contact: Jana Walker | Senior Corporate & Brand PR Manager | E: press@socialchain.com | T: +49 30 208 48 40 10 The Social Chain AG: Social Commerce on a global scale Social Chain AG is reshaping the world of brands and commerce. Our strategy and our actions are "Digital first - direct to customer": from branding to marketing to direct sales of our products in the categories Food, Home & Living, Beauty, and Fitness. Our online shops are the most efficient points of sale for our Direct-to-Consumer brands. More than 70 percent of Direct-to-Consumer sales are performed by our owned and operated online shops. Our communities, with over 86 million followers worldwide, inspire our customers and amplify our brand messages. We manage the expansion of our Social Commerce system of communities, brands, digital points of sale and logistics via our integrated proprietary technology platform: LINKS which analyses interests, purchase intentions and product satisfaction along the entire digital customer journey. The Social Chain AG's headquarters are in Berlin, with additional locations in Munich, London, Manchester, New York, San Diego and Los Angeles. The company employs a total of around 720 people. The Social Chain AG shares are traded on XETRA and several German stock exchanges. www.socialchain.com ^The content of this press release is for information purposes only and does not constitute investment advice or other recommendations pursuant to the German Securities Trading Act by The Social Chain AG or its affiliated companies. The information provided cannot replace investment advice. The information contained in this press release is not to be construed as an assurance of possible price developments and should not be construed as a request to enter into a transaction. The information contained herein does not constitute an offer to sell or the solicitation of an offer to sell securities or rights, or a solicitation to trade in securities or rights. Accordingly, The Social Chain AG and its affiliates make no representations or commitments as to the accuracy, completeness or correctness of the information or opinions contained herein. We assume no liability for direct or indirect damages caused by and/or in connection with the distribution and/or use of this document. The statements correspond to the status at the time of the preparation of this document. They may become obsolete due to future developments without the document being changed. Contact: Jana Walker | Press press@socialchain.com =---------------------------------------------------------------------------------------------------------------------- 2021-03-08 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de =---------------------------------------------------------------------------------------------------------------------- Language: English Company: The Social Chain AG Gormannstraße 22 10119 Berlin Germany Phone: +49 (0)30 208484010 E-mail: contact@socialchain.com Internet: www.socialchain.com ISIN: DE000A1YC996 WKN: A1YC99 Listed: Regulated Unofficial Market in Dusseldorf (Primärmarkt) EQS News ID: 1173845 End of News DGAP News Service =------------
1173845 2021-03-08
(END) Dow Jones Newswires
March 08, 2021 06:48 ET (11:48 GMT)