Rev Asia Holdings
REV Asia acquires stake in Chinese social news portal
Media Prima unit acquires 25% stake in Monster Scape, the owner and publisher of TanTanNews.
Media Prima narrows net loss; 1Q revenue rises 3.1% to RM280.7mil
Recorded higher digital advertising, digital content and commerce revenue.
Media Prima sees 89% rise in revenue from digital and commerce initiatives
Records RM193 million in digital and commerce revenue.
Week in Review: Traditional media player, Media Prima, makes a US$24mil move for scale & millenials
Deal will not be ecosystem catalyst says Ganesh Kumar Bangah
Acquisition frees Patrick Grove, Khailee Ng to pursue other projects
CORPORATE acquisitions of startups have always been one of the gaping holes in the startup ecosystem of Southeast Asia and so it was a lift to see such a deal happen in Malaysia this week.
