News and Announcements
Catcha Group Completes Fifth IPO
- Published September 08, 2016 4:27PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
It was only 18 months ago that Catcha Group and Shaun Di Gregorio saw a huge opportunity for digital businesses in frontier markets. Together, we co-founded Frontier Digital Ventures with the goal of becoming the leading operator of online classifieds businesses in the emerging economies of the world. On Friday last week, we took one large step to realising that goal by listing Frontier on the ASX! This also marks Catcha Group’s fifth IPO! The listing is a testament to the hard work of Shaun and his team, and I’m truly excited about the tremendous opportunities for the business as it continues to grow across the globe.
This month we also welcome leading Chinese social news and content sites, Viralcham and Rojaklah to the REV Asia family. Early signs are exceptional, with tremendous growth already evident since the transition into our stewardship.
iflix also celebrated the release of its groundbreaking Playlists feature this month, showcasing the personal iflix selections and viewing habits of hundreds of celebrities and influencers across the region. I recently travelled to each market to celebrate the launch of this amazing new social feature – and knowing what’s coming with version 2.0 am super, super excited about growing our own version of social TV.
ONLINE CLASSIFIEDS PLAYER FRONTIER DIGITAL VENTURES RAISES $22.8M IN ASX LISTING
Deal Street Asia
Frontier Digital Ventures (FDV), an operator of online classified businesses in frontier markets, has successfully raised A$30 million ($22.8 million) in an oversubscribed Initial Public Offer (IPO) through the issue of 60,000,000 shares at A$0.50 per share.
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CONSUMERS IN ASIA ARE MORE WILLING TO PAY FOR CONTENT AND STEAL LESS
Forbes
Consumers who were accustomed to accessing content for free – legally or otherwise – increasingly are willing to pay for it. That’s mirrored in a continuing uptick in revenues for pay TV platforms and streaming services across the region.
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YOU CAN NOW FOLLOW PERSONAL PLAYLISTS OF TOP CELEBS AND INFLUENCERS ON IFLIX
Vernon Chan
iflix today launched one of its biggest new features yet – ‘Playlists’ that lets you follow personal collections of your favourite entertainment icons.
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