About Media 247
Media 247 is a company based in Dubai (United Arab Emirates) founded in 2005 was acquired by Multiply in April 2023.. Media 247 offers products and services including Outdoor Hoardings, Digital Advertising, and RTA Taxi Advertising. Media 247 operates in a competitive market with competitors including JCDecaux, Ströer, Times OOH, Bidstack and GroupM, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name 247-Media Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Multiply
(Apr 24, 2023)
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Products & Services of Media 247
Media 247 offers a comprehensive portfolio of products and services, including Outdoor Hoardings, Digital Advertising, and RTA Taxi Advertising. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Premium billboard locations for strategic brand campaigns
Data-fueled solutions for achieving advertising KPIs
Exclusive taxi-based ads for urban audience reach
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Funding Insights of Media 247
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Media 247
Media 247 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Multiply Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiply Group is engaged in diversified global investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Media 247
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Media 247
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Media 247 Comparisons
Competitors of Media 247
Media 247 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JCDecaux, Ströer, Times OOH, Bidstack and GroupM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
JCDecaux is recognized as a leader in outdoor advertising.
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| domain | founded_year | HQ Location |
Digital and outdoor advertising services are offered by Ströer.
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Outdoor advertising network for mass and niche segments is operated.
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| domain | founded_year | HQ Location |
In-game advertising platform is provided for developers and advertisers.
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Provider of advertising services
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Provider of advertising services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Media 247
Frequently Asked Questions about Media 247
When was Media 247 founded?
Media 247 was founded in 2005.
Where is Media 247 located?
Media 247 is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Media 247?
Rafiq Abu Hijleh is the current CEO of Media 247.
What does Media 247 do?
Media 247 was founded in 2005 and operates in the outdoor advertising sector from Dubai, United Arab Emirates. Services encompass various forms of out-of-home advertising, including billboards and digital displays, targeted at local and regional markets. The company is led by CEO Rafiq Abu Hijleh, with operations focused on the Middle East advertising landscape. Expansion efforts have been noted in urban advertising solutions.
Who are the top competitors of Media 247?
What products or services does Media 247 offer?
Media 247 offers Outdoor Hoardings, Digital Advertising, and RTA Taxi Advertising.
Who are Media 247's investors?
Media 247 has 1 investor. Key investors include Multiply Group.