American investment company Fidelity Management & Research and Singapore-based global investment company EDBI have become shareholders of Moloco, a leader in operational machine learning and mobile advertising, in secondary equity deals. This is reported in the Moloco press release.
In particular, Fidelity Management & Research acquired Moloco shares from Korea Investment Partners (KIP).
As a result of the transactions, the value of Moloco exceeded $2.0 billion dollars (40% higher than in 2021).
Moloco's assets include a Demand Side Platform that allows advertisers to use 2 million applications through an automated machine learning system; Retail Media Platform - a corporate software solution for creating your own advertising business for online marketplaces and retailers and Streaming Media Monetization Solution - a corporate software solution for creating business advertising for media owners.
Moloco is a company that develops machine learning platforms in order to increase the productivity of companies within the advertising business. Moloco has offices in the USA, Great Britain, Germany, Korea, China, India, Japan and Singapore. The headquarters is located in Redwood City (state California).
