Helbiz, Inc. [NASDAQ: HLBZ] disclosed that it has inked a multi-year partnership between Helbiz Media and HiWay Media. In connection with the agreement, HiWay Media will offer Helbiz tailored technology to provide a smooth streaming experience of the Italian Serie B League to global audiences.
HiWay Media provides key connectivity technologies through its patented web application infrastructure and solutions. Through its strategic collaboration with prominent international operators and providers, HiWay Media guarantees unmatched stability and security for live streaming distribution.
Shares of Helbiz, Inc. [NASDAQ: HLBZ] surged 3.54% at the time of writing on Monday. The firm has recorded the 52-weeks low and high range of $6.00 and $41.88, respectively. Shares of Helbiz have surged 224.67% from its 52-week low and plunged -53.49% from its 52-week high. HLBZ has recorded a market capitalization of $677.51 million at the time of writing.
Furthermore, the contract with Helbiz Media represents another great accomplishment for the League, as it would bring Italian B Championship to new markets, improving international growth. The collaboration with HiWay fulfills Helbiz’s all technical and infrastructural requirements to stream Serie B matches for seasons to come, guaranteeing it achieves a global audience.