Kiip Partners with Yahoo! Japan to Reward and Retain App Users

  Kiip Partners with Yahoo! Japan to Reward and Retain App Users

  *Kiip Rewards Now Integrated into Yahoo! Japan’s Popular iOS and Android
    Apps
  *Yahoo! Japan Leverages Kiip’s Platform for Increased Retention and User
    Engagement in Its Apps
  *Users in Yahoo! Japan Apps Will Receive “T Points” – the Largest Shared
    Loyalty Program in Japan – as Kiip Rewards

Business Wire

SAN FRANCISCO -- July 23, 2013

Named one of the world’s 50 Most Innovative Companies in 2013 by Fast Company,
Kiip today announced it has partnered with Yahoo! Japan to offer Kiip rewards
in Yahoo! Japan’s iOS and Android apps. The campaign marks the first time
Yahoo! Japan has integrated a third-party platform into its apps, which are
some of the most downloaded apps in the country.

In the initial phase of the campaign, Yahoo! Japan is offering “T Points”
(merged with Yahoo! Points) as Kiip rewards, effectively using Kiip as a
technology layer to power their own rewards for retention and user engagement
benefits in their app. Yahoo! Japan is leveraging Kiip’s moments-based
approach to serendipitously reward users for their natural behavior in the
app.

“This showcases Kiip's continued trek in our diversity of moments throughout
the day beyond gaming, as we begin to own more and more of the moments
occurring in consumers’ everyday lives,” said Brian Wong, CEO and co-founder
of Kiip. “The huge inroads we are making in Japan have been fueled by our
relationship with our strategic investor Digital Garage, and this partnership
underscores Yahoo’s commitment to owning individual moments in mobile. With
more than one in every three people in Japan actively using T Points, this
integration is a massive achievement for Kiip, and we anticipate this will
turbo-boost our growth internationally.”

The T Point is the largest shared loyalty program in Japan, a shared loyalty
program with more than 46 million active unique members. As of May 31, 2013,
there were 58,000 T Point alliance shops in 100 companies throughout Japan. T
Points can be exchanged with participating businesses, including Yahoo!
Shopping, for goods, services, tickets and even charitable donations.

Kiip’s rewards network reaches 75 million users globally each month in more
than 1,100 Kiip-enabled iOS and Android apps. Its platform is used by more
than 115 of the world’s major consumer brands, including 7-Eleven, Amazon,
American Apparel, Campbell’s, Ford, Hasbro, Macy’s, McDonald’s, Mondelēz
International (formerly Kraft Foods), Pepsi, Procter & Gamble, Sony Music,
Unilever, Verizon and Wrigley. Kiip currently tracks more than 500 million
monthly Engaged Moments within its rewards network.

About Kiip

Kiip is the world’s largest and most effective mobile rewards network that
delivers real and virtual rewards for Engaged Moments (EMs) in apps. The
company’s rewards platform enables brands to reach consumers in the moments
when they are most engaged and receptive, while driving revenues and greater
user allegiance for Kiip-enabled games and apps. Kiip was founded in 2010 by
Brian Wong, Courtney Guertin and Amadeus Demarzi. In addition to its San
Francisco headquarters, Kiip now has offices in New York City, Los Angeles,
Chicago, Vancouver, London and Bogotá. Kiip is currently backed by Relay
Ventures, Interpublic Group, Hummer Winblad, True Ventures, Digital Garage,
Verizon Ventures, Crosslink Capital and others. For more information, visit
www.kiip.com.

Contact:

Method Communications
Alex Koritz
801-461-9795 (direct)
alex@methodcommunications.com
or
Brian Spittler
801-461-9780 (direct)
brian@methodcommunications.com
 
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