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InvestorNewsBreaks – Infobird Co. Ltd. (NASDAQ: IFBD) Files 2021 Annual Report on Form 20-F

Infobird (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, today announced it has filed its annual report on Form 20-F for the fiscal year ended Dec. 31, 2021, with the U.S. Securities and Exchange Commission (the “SEC”). The annual report, which contains Infobird’s audited consolidated financial statements, can be accessed through the SEC’s website at www.SEC.gov or Infobird’s website at www.Infobird.com. “Fiscal year 2021 marks a very important milestone to us. We successfully became a public listed company on Nasdaq and set the course for our business transition to standard cloud-based services as our key strategy for the near future. We have accumulated deep experiences in serving large enterprises in the past with high security and service levels. Part of our growth strategy revolves around leveraging our valuable know-how and capabilities to serve more clients of different sizes,” said Yimin Wu, chief executive officer and chairman of the Infobird board of directors. “Therefore, we believe our strategic transition from customized cloud-based services to standard cloud-based services will not only help us to expand the size of our addressable markets by accessing additional potential customer groups, but also empower more clients to transform their customer engagement in a more intelligent and digitalized way. To achieve this goal, we have set a clear go-to-market strategy to target both small to medium-sized businesses and mid-to-large enterprises with our telemarketing team and regional and industry sales teams while building a more solid foundation as an organization for standard cloud-based services expansion since 2021.”

To view the full press release, visit https://ibn.fm/7L48Z

About Infobird Co. Ltd.

Infobird, headquartered in Beijing, China, is a software-as-a-service (“SaaS”) provider of innovative AI-powered or enabled customer engagement solutions. For more information about the company, visit www.Infobird.com.

NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at https://ibn.fm/IFBD

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