Announced
Completed
Synopsis
Tencent, a Chinese multinational conglomerate holding company, completed the acquisition of Iflix, a Malaysian video streaming platform. Financial terms were not disclosed. The Chinese tech giant said in a statement that Iflix’s catalogue of “international, local, and original content” would enable it to expand the reach of its overseas video streaming service, WeTV, which it launched in Thailand in 2019.
Principals
Show Details & Financials
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.