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SinglePoint, Inc.’s (SING) Text2Bid is Anchor in $18B Auction Industry

Company: SinglePoint, Inc. (SING)
Category: Analyst Alerts

SinglePoint (OTC: SING) is a holding company focused on acquiring small to mid-sized companies with mobile technologies. One fruit of this business model is the company’s Text2Bid mobile bidding platform, an asset obtained through the Company’s acquisition of Mobile Bidding Technologies (MBT) in 2015. Text2Bid has established a recognizable name in the broader $18 billion auction industry with a track record of turning normal auctions into interactive experiences, with a yearly average increase of 28% in total amount donated, as compared to previous years without the solution.

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About SinglePoint, Inc.

SinglePoint, Inc. is a full-service mobile technology and marketing provider. We provide solutions that allow our clients to conduct business transactions, accept donations, and engage in targeted communication through mobile devices. Our products connect small to mid-size companies to their target markets by providing innovative mobile technology at reasonable rates. SinglePoint recognized the strength in acquiring interest in undervalued subsidiaries in other markets, such as Daily Fantasy Sports, to create a diversified holding base. For more information visit www.SinglePoint.com

About NetworkNewsBreak

NetworkNewsBreak is a rapid summary of a press release that caught the attention of NetworkNewsWire (NNW). NNW provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing network of more than 5,000 key distribution outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, visit https://www.NetworkNewsWire.com.

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