MergerLinks Header Logo

Announced

Completed

iMedia completed the acquisition of a 90% stake in BeautifulNara.

Synopsis

iMedia, a digital media group, completed the acquisition of a 90% stake in BeautifulNara, a portal focused on local entertainment and lifestyle segments. Financial terms were not disclosed. The group is targeting to accelerate revenue across websites and focus on building its content marketing business, as well as introducing social selling as a new revenue platform. “This acquisition will further strengthen the company’s dominant position in the Malay language content network in Malaysia and our reach to the overall Malay urban youth speaking online community,” Voon Tze Khay, iMedia Co-Founder and CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US