Digital media company migme looks to triple its headcount in India

migme Limited, a Singapore-based digital media multinational backed by Chinese giants FIH Mobile (Foxconn) and imaging app specialist Meitu, plans to triple its India headcount in 12 to 18 months in a push to make India one of its key markets.”We see India at the forefront of the new digital age and we are very […]

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migme partners with CricBattle to launch fantasy sports for IPL

New Delhi, April 6 (IANS) Global digital media company migme Limited on Wednesday announced a new strategic partnership with leading fantasy sports platform CricBattle Inc. to launch fantasy sports ahead of the 2016 Indian Premier League (IPL) cricket season.
Founded in 2013, CricBattle is the only draft-based fantasy sport for cricket around the globe. CricBattle is […]

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Australia’s migme is adding fantasy sports CricBattle just in time for the IPL season

The ASX-listed digital media company migme has closed a strategic partnership with CricBattle to launch fantasy sports ahead of the 2016 Indian Premier League cricket season.
A short time ago, migme shares were up 8.5% to $0.76.
CricBattle is the only draft-based fantasy sport for cricket around the globe.
Under the partnership, CricBattle will pay migme a share […]

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The Facebook of emerging markets? China-backed migme targets India armed with lessons learned in the Middle Kingdom

As social media explodes in developing markets like India, Indonesia and Africa, global digital media company sets itself a lofty goal
Backed by Hong Kong-listed FIH Mobile and Chinese imaging apps specialist Meitu, social entertainment apps provider migme plans to expand its operations this year in India, the world’s fastest-growing smartphone market.
“[After China] the next explosion […]

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migme raises $6.99m with new strategic shareholder Meitu

The Company plans to work closely with Meitu to implement the sharing of content across the Meitu and migme platforms, localisation, joint and cross marketing initiatives for migme’s key markets in the South and Southeast Asian region, with a focus on Indonesia, India and the Philippines.
Global digital media company has announce the signing of a […]

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Singapore digital media firm migme raises $5m from photo editing app partner Meitu

ASX-listed, Singapore-based digital media company migme has raised AU$6.99 million ($5 million) from strategic partner Meitu Investment Ltd, a leading video and photo editing app.
As part of its memorandum of understanding with new strategic partner Meitu, migme has placed 11,650,000 of its shares with the photo-app firm at AU$0.60 apiece raising AU$6,990,000.
The MoU will explore joint marketing […]

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migme benefits from Meitu investment

Shares in social media entertainment provider migme have soared by more than a third after Chinese mobile app developer Meitu invested almost $7 million in the company.
Singapore-based migme started trading on the Australian share market through a back-door listing in August 2014.
migme’s social entertainment services are delivered through mobile apps migme and LoveByte, artist management […]

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Migme grows its 2015 revenue fivefold and MAUs to 32m

ASX-listed digital media company Migme has released its latest numbers showing impressive growth.
The company, headquartered in Singapore, says it raised its revenue by 525 percent to US$8.7 million in 2015 from the year before, helping trim its net loss by 27 percent to US$14.9 million.
It also grew its monthly active users to 32 million, a […]

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migme finalises $3.5 million Convertible Note issue

migme Ltd announced it has finalised the issue and placement of Convertible Notes at $1.10 per share conversion ratio and raising a total of $3.5 million on terms favourable to the Company.
Key highlights:

New institutions join the register
24 month term
Conversion at 22% premium to current share price

migme welcomes a number of new investors to the Company, […]

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migme partners with Paytm (India), Mimopay (Indonesia) and eSewa (Nepal), to expand payment reach

Global digital media company migme Limited (“migme” or the “Company”) is pleased to announce partnerships with Paytm Communications Limited (“Paytm”) in India, PT. Progressivemedia Indonesia (“Mimopay”) in Indonesia and eSewa Fonepay Pvt. Ltd (“eSewa”) in Nepal to expand its payment reach in these key markets.

Payment partners are an important component of migme’s monetisation strategy. In […]

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