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Stock impact report

Alta Global Group Acquires Hype, an All-In-One Digital Marketing Platform, to Assist in Reaching 640 Million MMA Fans [Yahoo! Finance]

Alta Global Group Limited Ordinary Shares (MMA) 
Company Research Source: Yahoo! Finance
Hype's software platform strengthens Alta's vision to convert 640 million MMA fans to participants by providing invaluable tools to our gym owner, coach, and athlete partners to not only grow their revenues, but also operate more efficiently, save costs and enhance the offerings to their members and community. This acquisition is expected to accelerate Alta's technology roadmap, bringing forward new subscription revenue opportunities to Alta, whilst creating cost synergies by materially reducing product development overhead and bringing valuable technology expertise, skills and talent into the business. Hype invested over $22 million in developing and launching its software platform. Hype has processed over $40 million in payments through its platform, collected over 4 million contacts for current and previous customers, and generates revenue from recurring subscriptions and payment processing fees. SYDNEY, AUSTRALIA / ACCESSWIRE / May 14, 2024 / Alta Global Group (NYSE Ameri Show less Read more
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