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SEGG Media acquires GXR World Sports for $10M

PRIVATEJul 31, 2025

Acquiring Company

SEGG Media Corporation

Acquired Company

GXR Racer Holdings Limited

DubaiSportsSports

Description

SEGG Media Corporation has completed a $10 million acquisition of GXR World Sports Platform's technology assets and user base. This acquisition aims to integrate GXR's capabilities into the Sports.com app, resulting in the creation of the Sports.com Super App. The deal is expected to enhance SEGG Media's offerings in the sports media industry.

Quick answer

SEGG Media Corporation is acquiring GXR Racer Holdings Limited for $10 million, announced July 31, 2025. SEGG Media Corporation is based in Dubai, United Arab Emirates.

How much did SEGG Media Corporation pay for GXR Racer Holdings Limited?
The reported deal value is $10 million.
What does SEGG Media Corporation do?
SEGG Media Corporation is a leading technology company at the forefront of transforming the global intersection of sports, entertainment, and gaming.
Where are SEGG Media Corporation and GXR Racer Holdings Limited based?
SEGG Media Corporation is based in Dubai, United Arab Emirates.

Source: Fundz verified event record.

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Company Information

Company

SEGG Media Corporation

Location

Dubai, United Arab Emirates

About

SEGG Media Corporation is a leading technology company at the forefront of transforming the global intersection of sports, entertainment, and gaming. The company is publicly traded on NASDAQ and focuses on innovative solutions for the sports industry.

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Frequently asked

Who acquired GXR Racer Holdings Limited?

GXR Racer Holdings Limited was acquired by SEGG Media Corporation, based in Dubai. The deal was reported on July 31, 2025. SEGG Media Corporation is a leading technology company at the forefront of transforming the global intersection of sports, entertainment, and gaming. SEGG Media Corporation is privately held and operates in Sports.

When did SEGG Media Corporation acquire GXR Racer Holdings Limited?

SEGG Media Corporation's acquisition of GXR Racer Holdings Limited was reported on July 31, 2025. SEGG Media Corporation has completed a $10 million acquisition of GXR World Sports Platform's technology assets and user base. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GXR Racer Holdings Limited do?

GXR Racer Holdings Limited is a company that offers a user-friendly technology platform for sports engagement. The company has an existing active user base of over 1,000,000 users, focusing on interactive sports media. It is privately held, operating in Sports.

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