Following the completion of the merger between certain Catcha Media Berhad (Catcha Media) subsidiaries and Says Sdn Bhd on Oct 8, a new company, Rev Media Equity Holdings Sdn Bhd (Rev Asia), has been formed.
With so many similar startups in the landscape these days, if you don't have a unique business model or technology, the key to your survival is going to be execution, writes Karamjit Singh.
There is a gap in the Asean venture capital space and it has been unable to meet demands in the region, particularly when compared with that of more mature markets such as the United States and Europe, according to Patrick Grove, group CEO and founder of the Catcha Group.
Macrokiosk founders raise their initial 2011 buyout offer by 50% to buy back 70% stake in the company from investor Goldis Bhd.
Catcha Media Berhad has confirmed that the final agreements with Youth Asia Sdn Bhd to merge certain assets with Says Sdn Bhd, the owner of Says.com, have been formally signed.
Catcha Group, which had earlier reported it had allocated US$150 million for online investments in South-East Asia, went further afield to acquire an undisclosed stake in Dubai-headquartered property portal propertyfinder.ae.
The Malaysian startup ecosystem compares very well with those in other countries, including Singapore, writes Karamjit Singh.
Respective CEOs were friends for some time; similar visions made it only a matter of time for a merger like this Media agencies welcome move, expect merged entity to be potential game-changer in digital advertising space
Catcha Media has entered into a term sheet agreement to merge certain assets with Says Sdn Bhd, the owner of Says.com, in an approximately RM60mil merger that would see the creation of Malaysia's largest digital advertising group.
Karamjit Singh asks: Is it the responsibility of our leading entrepreneurs to make time to network and socialise with those who have just started out?