Sources: SoftBank agrees to sell a large portion of its stake in InMobi back to the Indian mobile ad company for ~$250M, reducing its holding from 30%+ to <10%
Bloomberg :
Sources: AT&T is in discussions to sell Xandr to Indian ad tech company InMobi; the mismanaged ad unit has annual revenue of ~$300-$380M and losses of $50-$90M
AT&T is in discussions to sell its ad unit to Indian ad tech giant InMobi, sources tell Axios. Tweets: @sarafischer , @aripap , @loupas , @awolk , @loudmouthjulia , @reckless , and @karlbode Tweets: S...
Sources: ByteDance is exploring a sale of India operations of TikTok to rival unicorn Glance, in talks initiated by SoftBank, a backer of Glance's parent InMobi
Sources: ByteDance is exploring a sale of India operations of TikTok to rival unicorn Glance, in talks initiated by SoftBank, a backer of Glance's parent InMobi
Saritha Rai / Bloomberg :
Sources: ByteDance is exploring a sale of India operations of TikTok to rival unicorn Glance, in talks initiated by SoftBank, a backer of Glance's parent InMobi
- TikTok banned in India amid poor relations with China — Talks are early and complex, according to people familiar
Indian startup InMobi raises $145M led by Google for its divisions Glance, a lock-screen content tool and Roposo, a TikTok-style short video social service
Dean Takahashi / VentureBeat :
FTC fines InMobi, a Singapore-based mobile ad firm, $950K for collecting location data of users without consent
InMobi ad network, which reaches more than 1 billion devices, settles FTC charges. — A mobile advertising company that tracked the locations of hundreds of millions …
Indian mobile ad network InMobi not currently in acquisition talks with Google, plans to stay independent
Vindu Goel / New York Times :