Last night we announced a huge milestone for Catcha Group. We embarked on a journey 10 years ago, starting up a traditional print magazine business. After a pivot towards digital, an IPO on Bursa Malaysia and a merger with SAYS.com, REV Asia will now be joining Media Prima Digital in a landmark deal to become Malaysia's largest digital media company. A huge shoutout to the dream team of co-founders - Luke, Khailee, Joel and Tze Khay who made this deal possible. The REV Asia team will always be a part of the Catcha Group family, and I look forward to watching them takeover the Malaysian digital media scene.
Another piece of exciting news is that Wild Digital is less than 3 weeks away! This year's program is the best yet, with an amazing list of speakers that I'm excited to share the stage with. Don't miss this chance to be part of the region's largest Internet gathering. I'll see you there!
- Catcha Group Co-founder + Group CEO, Patrick Grove
REV ASIA BERHAD ENTERS INTO RM105M LANDMARK DEAL
Media Prima Digital, a subsidiary of the Malaysian media giant Media Prima, is set to purchase REV Asia Holdings, a digital media startup owned by Catcha Group and Youth Asia, for MYR105 million (US$23.9 million). Read more
GREAT TECH COMPANIES WILL COME FROM SOUTHEAST ASIA
CNN Money The Malaysian internet mogul is one of the founders of Iflix, a video-on-demand service with more than 5 million subscribers in Asia. Read more
IN THE NEWS
iflix showcases local content plans for Southeast Asia
World Screen · Read here
PTCL announces unlimited iflix service for customers
The Drum · Read here
Fundraising to get tougher this year as investors get high on caliber Dealstreet Asia · Read here
"Localisation the key to our success" says CEO of property portal iMyanmarHouse.com Property Portal Watch · Read here
MDEC introduces Malaysia Digital Hub and MTEP Digital News Asia · Read here
The Hollywood Reporter After two years operating in Asia, streaming service iflix is expanding into the Middle East and North Africa. Read more
Digital News Asia
iCar Asia Limited, owner of ASEAN’s largest network of automotive websites on April 10 announced the appointment of Jonathan Adamsas chief marketing officer, effective immediately. Jonathan will be replacing Harry Antarakis, who has left the business.