NewAge Partners With E-Commerce Tech Firm Kwikclick

Direct-to-consumer products company NewAge Inc NBEV has entered into an agreement with Kwikclick to launch an affiliate marketing platform.
Kwikclick is an affiliate marketing platform, curated marketplace, and e-commerce technology that allows influencers to share in the revenues and profits of a brand against the traditional influencer model of pay per click or post.
The agreement will bring the new platform to market and make it available to all of their Brand Partner influencers across their existing 75 country base.
The firms will collaborate on transforming the traditional influencer and social selling influencer model.
The partnership will benefit brand owners by providing access to NewAge's global distribution system and aggregated exclusive influencer base of more than 400,000 people.
Price Action: NBEV shares are trading higher by 0.56% at $1.81 in premarket trading on the last check Tuesday.