Letgo, the local online marketplace, has been acquired by OfferUp. The terms of the transaction were not disclosed but Letgo’s majority investor, OLX Group, will own 40% of the combined entity. “Letgo and OfferUp have always shared the same core vision for how large America’s secondhand economy can become – harnessing tech innovation to bring […]
Northzone
fuboTV Acquired by FaceBank Group
fuboTV, the live-TV streaming platform, has agreed to be acquired by publicly-traded FaceBank Group, the character-based virtual entertainment company. Terms of the transactions were not disclosed but fuboTV will become a wholly-owned subsidiary of FaceBank Group after the transaction closes. “The business combination of FaceBank Group and fuboTV accelerates our ability to build a category-defining […]
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