Transaction · Payments · 2022

Society Pass / Gorilla Networks 2022

Society Pass acquired Gorilla Networks on June 1, 2022.

Target
Gorilla Networks
Acquirer
Society Pass
Announced
June 1, 2022
Sub-sector
Payments

Transaction overview

  • Society Pass announced the acquisition of Gorilla Networks on June 1, 2022.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Integrate blockchain/web3 technology and enable consumers to convert unused mobile data into digital assets redeemable through ecosystem.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
June 1, 2022
Acquirer
Society Pass (Strategic)
Sub-sector
Payments

Frequently asked questions

When did Society Pass announce the acquisition of Gorilla Networks?

Society Pass announced the acquisition of Gorilla Networks on June 1, 2022.

What sub-sector is Gorilla Networks in?

Gorilla Networks is tracked in the Payments sub-sector.

Sources

  • itnewsonline.com /news/Argus-Research-Society-Pass-Nasdaq-SOPA-Building-a-Loyalty-Driven-E-Commerce-Platform-in-Southeast-Asia/12167