Loading...
Market
How will VerSe Innovation's stock price change after the Valueleaf acquisition by the end of 2024?
3
Resolution / Starting Odds
Increase by more than 20% • 25%
Increase by 0-20% • 25%
Decrease by 0-20% • 25%
Decrease by more than 20% • 25%
Stock market data, financial news reports
Story
VerSe Innovation Acquires Majority Stake in Valueleaf for $150-200 Million
Aug 28, 2024, 04:17 AM
VerSe Innovation, the parent company of DailyHunt and short-video platform Josh, has acquired a majority stake in Valueleaf Group, a digital marketing solutions firm. The acquisition, reportedly valued between $150 million and $200 million, is part of VerSe's strategy to enhance its ad exchange capabilities. The deal was completed in a cash and equity transaction. This marks VerSe's second major acquisition this year, following its purchase of the news subscription platform Magzter. VerSe anticipates that the acquisition of Valueleaf, along with its Nexverse.ai business, will contribute $100 million in revenues by the fiscal year 2025.
View original story
Similar markets
Above $40 • 25%
$30-$40 • 25%
$20-$30 • 25%
Below $20 • 25%
Yes • 50%
No • 50%
Stock price increases by more than 10% • 25%
Stock price increases by 0-10% • 25%
Stock price decreases by 0-10% • 25%
Stock price decreases by more than 10% • 25%
Yes • 50%
No • 50%
Increase by more than 50% • 25%
Increase by 25% to 50% • 25%
Increase by less than 25% • 25%
Decrease • 25%
Increase by more than 10% • 33%
Increase by less than 10% • 33%
Decrease • 33%
Below Rs 10 • 25%
Rs 10 to Rs 15 • 25%
Rs 15 to Rs 20 • 25%
Above Rs 20 • 25%
Increase by more than 10% • 25%
Increase by 10% or less • 25%
Decrease by 10% or less • 25%
Decrease by more than 10% • 25%
Decrease by 5% or more • 25%
Change between -5% and 5% • 25%
Increase between 5% and 10% • 25%
Increase by 10% or more • 25%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
Decrease • 25%
Decrease by more than 5% • 25%
Remain within ±5% • 25%
Increase by 5-10% • 25%
Increase by more than 10% • 25%
Increase by 5% or more • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by 5% or more • 25%