ok@StickyRice:Amazon eyeing acquisition of Indian video streaming leader - TechCrunch Amazon $Amazon.com(AMZN)$ is holding discussions with the parent of video on-demand provider MX Player, according to TechCrunch. Citing “four sources familiar with the matter,” the discussions remain preliminary and may not result in a deal. The video player is reported to court over 150M users and is valued at around $500M. Times Internet, the parent company of MX Player, is said to be entertaining competing offers for the video service. Zee-Sony is among the bidders, per the outlet’s sources.
Amazon eyeing acquisition of Indian video streaming leader - TechCrunch Amazon $Amazon.com(AMZN)$ is holding discussions with the parent of video on-demand provider MX Player, according to TechCrunch. Citing “four sources familiar with the matter,” the discussions remain preliminary and may not result in a deal. The video player is reported to court over 150M users and is valued at around $500M. Times Internet, the parent company of MX Player, is said to be entertaining competing offers for the video service. Zee-Sony is among the bidders, per the outlet’s sources.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.