• Australia Mulls New Digital Wallets Regulation; Axel Springer Buy Politico

    In today’s ExchangeWire news digest: Australia consider tighter regulations for digital payment systems; Politico are purchased by Axel Springer; and Dukaan raised USD $11m.   Australia mull new digital payments law The government of Australia are contemplating new laws to increase the regulation [...]

  • Databricks Reach $38bn Valuation; Playtika Acquire Reworks

    In today’s ExchangeWire news digest: Databricks have raised USD $1.6bn at a valuation of USD $38bn; Playtika have entered the ‘Design Entertainment’ space by acquiring Reworks; and Samsung will remove ads from three of their default apps.   Databricks raise USD $1.6bn [...]

  • TV Streaming Usage Up 13%; Mailchimp Reportedly Mulling $10bn Sale

    In this weekly segment, ExchangeWire sums up key industry updates in media, marketing, and commerce from around the globe. In this edition: a study finds that streaming TV usage grew 13% in Q2; Mailchimp are reportedly contemplating a sale that [...]

  • Future Acquire Dennis Publishing; ForeVR Games Raise USD $8.5m

    In today’s ExchangeWire news digest: Future have acquired Dennis Publishing for £300m; ForeVR Games raise total seed funding of USD $8.5m; and LATAM ecommerce startup Nuvemshop have reached a value of USD $3.1bn.   Future publisher acquire Dennis Publishing The Week and Minecraft [...]

  • CMA Oppose Facebook Giphy Deal; Roblox Acquire Guilded

    In today’s ExchangeWire news digest: the CMA have voiced opposition to Facebook’s planned takeover of Giphy; Roblox have acquired the team behind gaming chat platform Guilded; and US gaming revenue hit $4.6bn in July.   CMA condemn Facebook Giphy acquisition The Competition and [...]

  • Mobile Gaming to Reach $120bn in Value; Sweaty Betty Bought by Wolverine Worldwide

    In today’s ExchangeWire news digest: research finds that the global gaming market is set to reach USD $120bn this year; Sweaty Betty have been acquired by US footwear maker Wolverine Worldwide; and rumours of a ByteDance IPO continue.   Mobile gaming market [...]

  • Tencent Sued by China Over WeChat Youth Mode; Hootsuite Acquire Heyday

    In today’s ExchangeWire news digest: Tencent are hit with legal action from the Chinese government over allegations that their WeChat messaging app fails to protect underage users; Hootsuite acquire Heyday for USD $48m; and InstaCarro raise USD $23m in a [...]

  • Kuaishou Close Zynn; NotCo Reach Unicorn Status

    In today’s ExchangeWire news digest: Kuaishou announce they will close down their Zynn app; plant-based food maker NotCo secure Unicorn status after new funding round; and Australian agencies Half Dome and Consumedia merge.   Kuaisho shutter Zynn app Chinese tech company Kuaishou have [...]

  • S4 Acquire Destined; Samsung's Profits Rise Amid Chip Demand

    In today’s ExchangeWire news digest: ad giant S4 Capital have acquired marketing firm Destined; high demand for memory chips send Samsung’s profits up; and Japanese trainer re-seller SODA raise USD $56.4m in a series C funding round.   S4 Capital acquire Destined S4 [...]

  • ShareChat Reach $2.88bn Valuation; ITV Report Revenue Recovery

    In today’s ExchangeWire digest: ShareChat reach a valuation of USD $2.88bn after raising USD $145m in a series F funding round; ITV celebrate gaining higher ad revenues; and Unacademy acquire Rheo TV.   ShareChat raise USD $145m, bring valuation to USD $2.88bn Leading [...]