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.

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
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
June 1, 2022
Acquirer
Society Pass (Strategic)
Sub-sector
Payments

Sources

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