Catcha Group’s South-East Asian Internet TV service startup iflix said it has entered an agreement with Vimond Media Solutions for continued development of its Internet TV platform.
Singapore has just about arrived as a global startup hub, while Malaysia is still struggling to become a regional one. Is there a role that Malaysia can still play? DNA executive editor A. Asohan thinks so.
The Philippines is shaping out to be South-East Asia’s video-on-demand (VOD) battleground with the Catcha Group subsidiary iflix securing US$30 million, in an investment round led by Catcha itself and the Philippine Long Distance Telephone Company (PLDT).
ASX-listed e-commerce company Ensogo Ltd has managed to raise another A$38 million (US$29.7 million) from institutional investors, by issuing 183 million new shares.
Catcha Group has announced that former AirAsia X Bhd chief executive officer Azran Osman-Rani has been appointed chief executive officer (CEO) of iflix Malaysia, and chief operating officer of the iflix Group.
ASX-listed Ensogo Ltd said it has entered into an agreement with WF Asian Reconnaissance Fund Limited (Ward Ferry, a fund managed by Ward Ferry Management) for the placement of 58,823,530 new Ensogo shares to Ward Ferry at a price of 17 Australian cents (US 13 cents) per share.
After weeks of market buzz, Internet entrepreneur Patrick Grove’s Catcha Group has officially announced ‘iflix,’ its entry in the Video On Demand (VOD) space, just about a month after Singapore Telecommunications Ltd (Singtel) unveiled its own Netflix-type service.
Ensogo, formerly known as iBuy, has moved to downsize its operations across the region with significant numbers of staff being laid off in multiple markets.
Catcha Group has announced the formal launch of Catcha Ventures, a division focused on minority investments in high-growth new media, technology and mobile companies in South-East Asia.
Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected]