Mobvista Is Said to Weigh Mintegral Unit Sale Amid Bain Interest

Bloomberg

31 Dec 2024

(Bloomberg) -- Mobvista Inc. is exploring a sale of its mobile advertising platform Mintegral after receiving interest from prospective buyers including US private equity firm Bain Capital, according to people familiar with the situation.

Mobvista, controlled by co-founders Duan Wei and Clement Cao via Seamless Technology Ltd., is working with a financial adviser to evaluate options including a potential sale of Mintegral, said the people, asking not to be identified because the deliberations are private.

Considerations are preliminary and may not lead to any transaction, the people said. Other suitors for the business could also emerge, they added.

Representatives for Mobvista and Bain Capital declined to comment.

Mobvista shares have surged almost 190% this year in Hong Kong, valuing the company at about $1.7 billion.

Founded in 2013, Mobvista provides advertising and analytics tools for app developers and marketers. It has 18 offices globally, according to its website, and has expanded over the years both organically and via acquisitions. Its shareholders include Singapore state investor GIC Pte with a roughly 5% stake. Mintegral is a data-driven, programmatic, and interactive advertising platform for mobile apps.

©2024 Bloomberg L.P.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2495608663"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2495608663\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2495608663?lang=en_US&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/X5TGXVQ2W6UGIP7N65UPHB2LHE.jpg?smart=true&auth=0338ee56109b131658a9e8ca6d8e95c37e1f641e3009570f64361ba5160d5222&width=500&height=333","is_english":true,"pubTime":"2024-12-31 15:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2495608663","market":"us","top_or_hot":-1,"title":"Mobvista Is Said to Weigh Mintegral Unit Sale Amid Bain Interest","media":"Bloomberg","content":"<html><body><article><p>(Bloomberg) -- Mobvista Inc. is exploring a sale of its mobile advertising platform Mintegral after receiving interest from prospective buyers including US private equity firm Bain Capital, according to people familiar with the situation.</p><p>Mobvista, controlled by co-founders Duan Wei and Clement Cao via Seamless Technology Ltd., is working with a financial adviser to evaluate options including a potential sale of Mintegral, said the people, asking not to be identified because the deliberations are private. </p><p>Considerations are preliminary and may not lead to any transaction, the people said. Other suitors for the business could also emerge, they added.</p><p>Representatives for Mobvista and Bain Capital declined to comment.</p><p>Mobvista shares have surged almost 190% this year in Hong Kong, valuing the company at about $1.7 billion.</p><p>Founded in 2013, Mobvista provides advertising and analytics tools for app developers and marketers. It has 18 offices globally, according to its website, and has expanded over the years both organically and via acquisitions. Its shareholders include Singapore state investor GIC Pte with a roughly 5% stake. Mintegral is a data-driven, programmatic, and interactive advertising platform for mobile apps.</p><p>©2024 Bloomberg L.P.</p></article></body></html>","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Mobvista Is Said to Weigh Mintegral Unit Sale Amid Bain Interest</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMobvista Is Said to Weigh Mintegral Unit Sale Amid Bain Interest\n</h2>\n<h4 class=\"meta\">\n\n\n2024-12-31 15:54 GMT+8   <a href=\"https://www.bnnbloomberg.ca/business/international/2024/12/31/mobvista-is-said-to-weigh-mintegral-unit-sale-amid-bain-interest/\"><strong>Bloomberg</strong></a>\n</h4>\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Mobvista Inc. is exploring a sale of its mobile advertising platform Mintegral after receiving interest from prospective buyers including US private equity firm Bain Capital, according ...</p>\n<a href=\"https://www.bnnbloomberg.ca/business/international/2024/12/31/mobvista-is-said-to-weigh-mintegral-unit-sale-amid-bain-interest/\">Source Link</a>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1137","symbol_name":"广告","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/international/2024/12/31/mobvista-is-said-to-weigh-mintegral-unit-sale-amid-bain-interest/","article_id":"2495608663","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/X5TGXVQ2W6UGIP7N65UPHB2LHE.jpg?smart=true&auth=0338ee56109b131658a9e8ca6d8e95c37e1f641e3009570f64361ba5160d5222&width=500&height=333"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2495608663","pubTimestamp":1735631692,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"Mobvista Inc. is exploring a sale of its mobile advertising platform Mintegral after receiving interest from prospective buyers including US private equity firm Bain Capital, according to people familiar with the situation.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1137":"广告","BK1590":"短视频概念股","BK1518":"SaaS概念","BK1586":"云计算","01860":"汇量科技"},"translate_title":"据称，由于贝恩的兴趣，Mobvista正在权衡出售Mintegral单位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01860":1},"content_text":"(Bloomberg) -- Mobvista Inc. is exploring a sale of its mobile advertising platform Mintegral after receiving interest from prospective buyers including US private equity firm Bain Capital, according to people familiar with the situation.Mobvista, controlled by co-founders Duan Wei and Clement Cao via Seamless Technology Ltd., is working with a financial adviser to evaluate options including a potential sale of Mintegral, said the people, asking not to be identified because the deliberations are private. Considerations are preliminary and may not lead to any transaction, the people said. Other suitors for the business could also emerge, they added.Representatives for Mobvista and Bain Capital declined to comment.Mobvista shares have surged almost 190% this year in Hong Kong, valuing the company at about $1.7 billion.Founded in 2013, Mobvista provides advertising and analytics tools for app developers and marketers. It has 18 offices globally, according to its website, and has expanded over the years both organically and via acquisitions. Its shareholders include Singapore state investor GIC Pte with a roughly 5% stake. Mintegral is a data-driven, programmatic, and interactive advertising platform for mobile apps.©2024 Bloomberg L.P.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}