Acquiring Company
iClick Interactive Asia Group Limited
Acquired Company
Changyi
Description
iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, announced today that its wholly-owned subsidiary has entered into an agreement to acquire the remaining equity interest of Changyi (Shanghai) Information Technology Co., Ltd ("Changyi"), a leading independent software vendor ("ISV") in China which provides intelligent retail and CRM solutions (the "Acquisition"). In consideration of the Acquisition, the Company will pay (i) RMB6,000,000 and the Company will issue (ii) 3,091,327 American depository shares (the "Consideration ADS") of the Company. Changyi is currently a controlled investee of the Company. Upon completion of the proposed transaction, Changyi will be wholly owned by the Company.
Quick answer
iClick Interactive Asia Group Limited is acquiring Changyi, announced March 14, 2022.
- How much did iClick Interactive Asia Group Limited pay for Changyi?
- The deal value was not disclosed.
- What does iClick Interactive Asia Group Limited do?
- Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a leading enterprise and marketing cloud platform in China. iClick's mission is to empower worldwide brands to unlock the enormous market..
Source: Fundz verified event record.
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Who to call at iClick Interactive Asia Group Limited, and when
When iClick Interactive Asia Group Limited changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Changyi?
Changyi was acquired by iClick Interactive Asia Group Limited. The deal was reported on March 14, 2022. Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a leading enterprise and marketing cloud platform in China. iClick Interactive Asia Group Limited is privately held and operates in Commerce and Shopping.
When did iClick Interactive Asia Group Limited acquire Changyi?
iClick Interactive Asia Group Limited's acquisition of Changyi was reported on March 14, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Changyi do?
After the proposed transaction, Changyi (Shanghai) Information Technology Co., Ltd. ("Changyi") will be a wholly-owned subsidiary of iClick Interactive Asia Group Limited (NASDAQ: ICLK). It is privately held, operating in Sustainability.
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