Announced
Financials
Sources
Tags
digital and media company
Friendly
Indonesia
gaming industry
Acquisition
Pending
Gaming
Private
Single Bidder
Synopsis
IDN Media, a multi-platform media company for “millennials and Gen Z in Indonesia”, acquires GGWP.ID to mark its entry into the fast-growing e-sports industry. Financial terms were not disclosed. As per the deal, Founder Ricky Setiawan will continue to be the CEO of GGWP.ID. “We believe that the e-sports phenomenon has just begun. With GGWP.ID, we envision to create the biggest and most impactful e-sports company in the region for Millennials and Gen Z.” Winston Utomo, IDN Media Founder & CEO.
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