Brief: 4Fun Media Sees 2019 E-commerce Segment Revenue Of At Least 15 Mln Zlotys

Digital Network SA

25/10/2018 09:57

Oct 25 (Reuters) - 4FUN MEDIA SA  4FMP.WA :
    * SAID ON WEDNESDAY ESTIMATED 2019 REVENUE IN E-COMMERCE
SEGMENT
TO REACH AT LEAST 15 MLN ZLOTYS 
    * SAYS THESE REVENUE TO COME FROM CAPITAL INVESTMENTS MADE
BY THE
COMPANY AND DEVELOPMENT OF PRODUCT BRANDS
    * ITS UNIT MUSTACHE SP. Z O.O. AS PART OF INVESTMENT
AGREEMENT
BOUGHT ASSETS OF MUSTACHE WARSAW SP. Z O.O.
    * PRICE OF MUSTACHE WARSAW'S ASSETS WAS SET AT 0.5 MLN
ZLOTYS
    * CO INFORMED ABOUT UNIT SIGNING TERM SHEET AGREEMENT TO BUY
MUSTACHE.PL RUN BY MUSTACHE WARSAW SP. Z O.O. ON AUG. 14
 urn:newsml:reuters.com:*:nFWN1V514U

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMBDSQNa
    
 Further company coverage:  4FMP.WA  
   


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