Business
Why is the Spacetalk (ASX:SPA) share price jumping 6% today?
Spacetalk Ltd (ASX: SPA) shares are gaining today after an announcement from the company regarding a new sales channel for its LIFE smartwatch. At the time of writing, the Spacetalk share price is trading 6.45% higher to 16.5 cents.
Let’s look closer at today’s announcement from the communications technology company.
What’s driving the Spacetalk share price?
The Spacetalk share price is climbing today after the company advised its new B2B2C (business to business to consumer) channel will begin operating on 1 June 2021, coinciding with the launch of the LIFE watch’s fall detection feature.
The new B2B2C channel will see the watch retailing through ACH Group. ACH Group is a leading aged care organisation with accommodation…
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