Cofides finances international expansion of Playthe.net
Cofides financia expansión internacional de Playthe.net
Intel ID : 239467
| Synopsis |
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Cofides, a Spain-based state-owned mercantile company, will finance the entry into Hong Kong of Spain-based Playthe.net, a digital advertising services provider, announced Cofides in a press release issued on 5 August 2016. Cofides will provide a co-investment loan covered by its own resources (25%) and by the fund for foreign investment operations of small and medium enterprises (FONPYME) (75%). The company will use the financing to sign a partnership with Asian telecommunications operator Wharf T&T to develop the exterior digital marketing in retail segments of Hong Kong.
(content in spanish)
Cofides, sociedad mercantil estatal española, financiará el desembarco en Hong Kong de la española Playthe.net, dedicada a la prestación de servicios de publicad digital, según ha informado Cofides en un comunicado de prensa publicado el 5 de agosto de 2016. Cofides concederá un préstamo de coinversión con cargo a sus propios recursos (25%) y al Fondo de Operaciones de Inversión en el Exterior de la Pequeña y Mediana Empresa (FONPYME) (75%). La empresa destinará esta financiación para firmar una alianza con la operadora de telecomunicaciones asiática Wharf T&T, para desarrollar el marketing digital exterior en los segmentos de retail de Hong Kong. |
Relevant Documents
| Press Release | 05 Aug 2016 | Cofides_58_Press_Release_2016.pdf | ES |
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| Intel ID | 239467 | |||
| Value | ND | |||
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US Dollar (USD)
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Financial Data - Playthe.net
(31 Dec 2016) |
Revenue: - Net Debt: - |
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40.03.07 IT Consulting, Development & Outsourcing 40 Information Technology / 40.03 Internet, Software & IT Services |
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25.01.04 Consumer Finance 25 Financial Services / 25.01 Banking & Investment |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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Transactional data is continuously updated by the research team and therefore is subject to change.