Verb Technology Company (NASDAQ: VERB) stock soared over 200% on Friday following its collaboration with Meta to enable integrated shopping.
Verb Technology (VERB), the creator of the MARKET.live livestream social shopping platform, has announced a new integration with Meta Platforms (NASDAQ: META). This partnership will facilitate seamless in-app shopping on Facebook and Instagram, empowering users to buy products from MARKET.live vendors without exiting the apps.
The integration will offer a native shopping cart and checkout process directly into Facebook and Instagram, simplifying the buying process for users within these social platforms. This move will broaden the reach of MARKET.live vendors by tapping into the vast user communities of Facebook and Instagram.
Rory J. Cutaia, CEO of VERB, emphasized the importance of this development, stating:
“This expansion with Meta underscores MARKET.live’s commitment to providing a seamless, interactive video-based shopping experience across multiple social platforms.”
He expressed confidence in this strategic initiative, considering it a significant milestone for MARKET.live. He also hinted at forthcoming innovations and partnerships as the company continues to evolve the social shopping experience.
Verb Technology (NASDAQ: VERB) Stock Reaction
VERB stock shot up 211.41% to close at $0.44 on Friday. The traders had exchanged hands with 538,459,684 (538.45 million) shares compared to the average daily trading volume of 1.04 million.
Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.
