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Affle 3i Ltd. has announced its acquisition of AdColony's business for USD 4.70 million. This strategic move is aimed at expanding its capabilities in the digital advertising sector. The company reported a strong financial performance in Q1 FY27, demonstrating significant growth. The acquisition comes alongside efforts to manage ongoing legal disputes and fundraise through convertible warrants.
Company Information
Company
Affle 3i Ltd
Location
Singapore, Southeast Asia, Singapore
About
Affle 3i Ltd. is a consumer engagement technology company. It provides a diverse range of products and services related to digital marketing. The company aims to enhance user journeys through technology and innovative solutions. Affle 3i is committed to driving strategic growth through acquisitions and smart investments.