WESTON, FL–(Marketwired – Nov 1, 2017) – Monaker Group ( OTCQB : MKGI ), a biking industry technology leader, has become the absolute provider of another abode rentals (ALRs) to Exponential, a cause-related technology business company.
Exponential offers a white-label e-commerce platform, XPO², which drives fundraising acquirement on account of affection groups, charities and NGOs worldwide. XPO² provides donors and supporters admission to absolute accumulation on articles and casework from world-leading brands, with their purchases accidental funds to their admired account or charity.
The XPO² belvedere appearance hundreds of name-brand merchants, including Best Buy, Apple, Walmart, eBay, Groupon, Macy’s, Nike, Hotels.com and Priceline, forth with one-click admission to bags of discounted merchant offers. XPO² additionally appearance a “Daily Deals” email agent that aggregates and curates the best merchant offers, and sends them circadian or as account digests to the affection group’s adherent base.
A new affiliation acceding amid Exponential and Monaker provides for the affiliation and barrage of the Monaker Booking Agent (MBE) on the XPO² platform, as able-bodied as advance of the ALRs that Monaker delivers. Deployments of the XPO² belvedere will acutely affectation Monaker’s vacation abode rentals and added biking products, which currently includes added than 1 actor instantly-bookable rentals of homes, apartments, villas, castles and resort residences amid in prime locations about the world.
Exponential’s accepted licensees accommodate the United Pro Soccer League, which represents added than 100 teams, and the Los Angeles Jr. Kings Hockey Club, added several added affection groups and organizations beyond the U.S. and Australia.
“This agitative new affiliation with Monaker comes at a cardinal time for XPO², as we apprehend several hundred added organizations to barrage their own, customized XPO² platforms over the aing 12 months,” said Dom Einhorn, architect and CEO of Exponential. “We are assured that our consumers will acquisition accurate amount in Monaker’s all-inclusive all-around inventory. Given the growing acceptance of another lodging, we see Monaker’s online booking agent acceptable one of the primary transaction drivers beyond our platform.”
The XPO²/MBE affiliation is accepted to barrage aural the aing 30 days, with the highly-customizable and adjustable MBE appliance affairs interface (API) acknowledging the accelerated affiliation and deployment. Driven by proprietary technology, MBE dynamically controls exclusively-contracted properties, acceptance users to chase and instantly book anxiety for another lodging. This compares to the acceptable industry adjustment of cat-and-mouse with ambiguity for the acreage buyer to acknowledge to a booking request.
“This new bartering accomplice with Exponential represents a above anniversary for Monaker,” said Bill Kerby, CEO of Monaker. “It will bear aloft the affiance of our technology in both a arresting and allusive way, as able-bodied as demonstrates the beginning apple of possibilities created by our different biking technology. This new deployment additionally supports the actuality that our B2B archetypal and able booking agent represents the ideal band-aid for the abounding online biking industry players who are currently defective an ALR offering.”
The new biking technology ally are attractive to booty advantage of the all-embracing and fast-growing all-around e-commerce market, which forecasted by Research and Markets to abound at a 12% compounded anniversary advance amount (CAGR) to $44.3 abundance by 2022. The U.S. represents the world’s better bazaar for e-commerce, with retail e-commerce sales accepted to ability $638 billion by 2020, according to Statista.
Meanwhile, the ALR industry is accepted to abound at added than 7% CAGR to $194 billion in 2021, according to Technavio, authoritative it one of the fastest growing sectors of the biking industry. Common agenda biking sales are additionally accepted to ascend at a 10% circuitous anniversary advance rate, topping $817 billion by 2022, says eMarketer.
“We attending advanced to announcement the official barrage of the new MBE-powered XPO² platform, as able-bodied as added deployments and MBE belvedere enhancements over the advancing weeks and months,” added Kerby. “We accept we accept a first-mover advantage in the B2B biking amplitude with our customizable ALR booking engine, and we are planning to booty abounding advantage of it.”
Exponential, Inc. (XPO²), a accessory of London based M6, Ltd., is a cause-related technology business aggregation that develops and promotes a white characterization e-commerce belvedere that drives fundraising acquirement on account of charities and NGOs worldwide. Via the platform, donors and supporters accretion admission to absolute discounts and accumulation about not accessible on the merchant armpit while allowance accession incremental funds for their admired account with every purchase, at no added amount to them. For added about Exponential and XPO², appointment https://xpo2.org/.
About Monaker Group
Monaker Group is a technology-driven biking aggregation focused on carrying addition to another abode rentals (ALR) market. The Monaker Booking Agent (MBE) delivers burning booking of added than 1 actor vacation rental homes, villas, chalets, apartments, condos, resort residences and castles. MBE offers biking distributors and agencies an industry-first: a customizable, instant-booking belvedere for another lodging. For added information, appointment www.monakergroup.com.
Important Cautions Regarding Advanced Attractive Statements
This columnist absolution contains advanced statements that absorb risks and uncertainties apropos the affairs and expectations of Monaker. These statements are alone predictions and absolute contest or after-effects may alter materially from those declared in this columnist absolution due to a cardinal of risks and uncertainties, some of which are out of our control. The abeyant risks and uncertainties include, amid others, the expectations of approaching advance may not be realized, and the aggregation may not accommodated applicative NASDAQ Capital Bazaar requirements all-important for advertisement and/or NASDAQ may not accept the company’s advertisement application. These advanced statements are fabricated alone as of the date hereof, and Monaker undertakes no obligation to amend or alter the advanced statements, whether as a aftereffect of new information, approaching contest or otherwise. All advanced statements are especially able in their absoluteness by the “Risk Factors” and added cautionary statements included in Monaker’s annual, anniversary and appropriate reports, proxy statements and added accessible filings with the Securities and Exchange Commission (“SEC”), including, but not bound to, the company’s Anniversary Report on Form 10-K for the aeon concluded February 28, 2017, which has been filed with the SEC and is accessible at www.sec.gov.
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