iMedia has acquired a 100% stake in Lovelife Technologies Sdn Bhd, owner and operator of beauty e-commerce platform and markeing company, Favful.
Acquisition worth up to US$9.7mil, depending on iMedia’s 2021 net profit Reunites parties which sold digital media startup to Media Prima in 2017
Will operate IGN Southeast Asia for entertainment and gaming fans in Malaysia, Singapore, Indonesia and the Philippines.
Initiatives to increase digital and commerce revenue include strategic collaborations with regional and global partners, and the launch of new brands.
Combined revenues from digital advertising, home shopping, e-commerce and subscription-based OTT service grew from RM50 million to RM123 million for YTD17.
With more people starting to spend more time on the online media platforms, it is time for publishers to start consolidating Most of its investments this year will be focused on growing the Malaysian market */
As a super angel, Larry Gan is a hands on investor, promoting, coaching, bringing in the right talent and helping his investees find the right model for exponential growth.
iPrice Group said it has completed a US$1.2-million second seed funding round, and has now raised a total of US$1.75 million.
Asia Holdings Sdn Bhd, a 70% subsidiary of Malaysian public-listed firm Rev Asia Bhd, will be bringing localised versions of its ‘social news’ portal Says.com into new markets like Indonesia and the Philippines over the next six months.
After making the tough decision to shut down several lines of business, Malaysia’s Rev Asia Holdings Sdn Bhd has embarked on a three-year roadmap that it says will transform it into one of the largest digital media companies in the region.