By Shawn Lim

Singapore-based telco Singtel is finding ways to eke out more value from its adtech business Amobee after its latest full-year financial results revealed the platform posted $42m (US $31m) in losses.

Amobee had gone on an acquisition spree in the last couple of years, snapping up the fellow adtech Videology in May 2018, after the latter filed for chapter 11 bankruptcy protection, in a deal reported to be worth around $45m.

Just a year earlier, Amobee had bought data management platform Turn for a deal worth an enterprise value of US $310m to boost Read full story ›

Source: The Drum