Sunday, November 12, 2017 9:57:26 AM
Monaker expects to benefit from the growing demand for ALR and the notable growth in digital travel sales. The global ALR industry is expected to grow at more than a 7% compound annual growth rate to $194 billion in 2021, according to Technavio, making it one of the fastest growing sectors of the travel industry. Meanwhile, worldwide digital travel sales are anticipated to climb at a 9.7% compounded annual growth rate to top $817 billion by 2020, says eMarketer.
There can be no assurance that NASDAQ will approve the company's initial listing application or that the company's common stock will be approved for listing on the NASDAQ Capital Market.
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