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3 days ago · Mumbai: Almost a year after calling off the deal, Amazon.com, Inc has resumed talks to acquire Times Internet-owned cash-strapped video streaming platform MX Player, two people with direct...
2 days ago · In January 2018, Times Internet acquired MX Player for a sum of USD 140 million. "The two parties are close to a deal now. MX Player's value has decreased due to its poor financial condition.
3 days ago · MX Player was built by a South Korean app developer as a media player for downloaded videos. In 2018, Bennett Coleman & Co Ltd (BCCL)-owned Times Internet acquired the streaming platform reportedly for ₹1,000 crore (around $140 million at that time), to mark its entry into video streaming, after a couple of failed attempts, including BoxTV.
May 17, 2024 · TIMES INTERNET Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. TIMES INTERNET Blogs, Comments and Archive News on Economictimes.com
May 15, 2024 · What does Times Internet do? Digital media conglomerate. Its digital properties are spread across industry verticals such as news, entertainment, sports, local, e-commerce, classifieds, startup investments, and more. Its products include The Times of India group, Gadget Now, News Point, and more.
May 22, 2024 · Here is a summary of financial information of TIMES INTERNET LIMITED for the financial year ending on 31 March, 2023. Revenue / turnover of TIMES INTERNET LIMITED is Over INR 500 cr. Net worth of the company has decreased by -9.22 %. EBITDA of the company has decreased by -26.46 %.
4 days ago · Founded in 2011 as a video player by a South Korean firm, MX Player was acquired by Times Internet in 2018 for about $140 Mn. It was eventually remodeled to an ad-supported video streaming platform.
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