The MyDeal (ASX:MYD) share price is flying today. Here’s why

The Ltd (ASX: MYD) share price is soaring after the company announced the launch of its native mobile apps for iOS and Android.

At the time of writing, the MyDeal share price is trading at 71 cents, up 4.4%. The online retail marketplace has a lot of work to do after sliding almost 60% since its ASX debut on 22 October. 

MyDeal ticks off another growth initiative 

Back in the first half of FY21, the launch of native apps was a key growth initiative to improve the mobile shopping experience, reduce marketing and increase customer retention. Mobile apps represent a significant growth opportunity with approximately 75% of website…

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