Malaysia: REV Asia to acquire two top Chinese content websites

Kuala Lumpur-based Rev Digital Sdn Bhd – the subsidiary of REV Asia –  has reached an agreement with Netnion Technology Sdn Bhd to acquire two top Chinese social news and content websites, Viralcham and Rojaklah, tapping a new market segment.

The websites, www.viralcham.com and www.rojaklah.com, are among Malaysia’s leading news and information resources for the lifestyle and entertainment industry related content, covering Malaysia, Hong Kong, China and Hollywood.

They are consistently placed among the Top 20 websites visited by Malaysian Internet users, according to Internet analytics provider ComScore.

In addition, the two platforms capture as much as 53 per cent of the Chinese population in Malaysia, which totals approximately 6.8 million people.

The acquisition is expected to take REV Asia closer to its goal of becoming Malaysia’s No. 1 digital media group, the company said in a statement.

REV Asia will help both websites bring their small and medium enterprise content, currently offered within the Klang Valley, to key market centres in Malaysia. In addition to that, the company said, it will develop sponsored content offerings to multinational company brands which the sales team of Netnion Technology Sdn Bhd previoulsy did not have access to.

“With REV Asia Group’s existing extensive social media distribution platform in 8Share, the introduction of sponsored content will put us in the driving seat to capture and enlarge a significant piece of Malaysia’s rapidly growing content marketing spend,” it said.

Also read:

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Thai social media app Getmii says in talks with VCs to raise over $10m this year

India: Puneet Dalmia invests in social media platform LocalCircles

Daum Kakao parachutes into South East Asia by acquiring Path’s social media services

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.