About Multiply Group
Multiply Group is a company based in Abu Dhabi (United Arab Emirates) founded in 2003 was acquired by IHC in June 2020. It operates as a Brokerage / Intermediation, and Revenue Share. Multiply Group has completed 6 acquisitions, including BackLite Media, International Energy Holding and Isem Packaging Group. Multiply Group offers products and services including Investment Portfolio Management, Mobility Solutions, Energy & Utilities, Media & Communications, and Wellness & Beauty. Multiply Group operates in a competitive market with competitors including Townsquare Media, S⁴Capital, Prophet, Weimob and Tinuiti, among others.
- Headquarter Abu Dhabi, United Arab Emirates
- Stage Public
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Multiply Group Pjsc
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Annual Revenue
$0 (USD)56.24as on Dec 31, 2024
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Net Profit
$0 (USD)-101.66as on Dec 31, 2024
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EBITDA
$0 (USD)63.99as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
BackLite Media
& 5 more
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Acquired by
IHC
(Jun 01, 2020)
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IPO & Listings of Multiply Group
Multiply Group is a publicly listed company on the ADX with ticker symbol MULTIPLY in UAE, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Multiply Group
Multiply Group offers a comprehensive portfolio of products and services, including Investment Portfolio Management, Mobility Solutions, Energy & Utilities, Media & Communications, and Wellness & Beauty. 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.
Investment portfolios are managed across diverse strategic verticals.
High-growth mobility companies are supported and operated.
Sustainable energy and utility providers are invested in.
Leading media and communication businesses are operated.
Top wellness and beauty companies are supported.
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Funding Insights of Multiply Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Multiply Group
Multiply Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IHC. 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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IHC is recognized as a leading global investment company.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Multiply Group
Multiply Group has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BackLite Media, International Energy Holding and Isem Packaging Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Solar energy projects are developed internationally by the company.
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2014 | ||||
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Outdoor advertising services provided in Dubai since 2005.
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2005 | ||||
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Digital marketing services are provided by Viola in the UAE.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Multiply Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Multiply Group Comparisons
Competitors of Multiply Group
Multiply Group 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 Townsquare Media, S⁴Capital, Prophet, Weimob and Tinuiti, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Media Company focused on radio broadcasting, live events, marketing solutions
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| domain | founded_year | HQ Location |
Digital advertising and content marketing services are provided globally.
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| domain | founded_year | HQ Location |
Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
WeChat-based retail, marketing, and CRM solutions are provided to merchants.
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Influencer marketing and branding services are provided by The Independents.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Multiply Group
Frequently Asked Questions about Multiply Group
When was Multiply Group founded?
Multiply Group was founded in 2003.
Where is Multiply Group located?
Multiply Group is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
What does Multiply Group do?
Multiply Group, based in Abu Dhabi, UAE, is involved in the investment and operation of businesses across multiple strategic verticals including Mobility, Energy and Utilities, Media and Communications, and Wellness and Beauty. Anchor investments are utilized to generate long-term recurring income, while bolt-on acquisitions are pursued for growth. A sector-agnostic arm, Multiply, focuses on opportunistic investments. Technology is leveraged to catalyze profitable growth in portfolio companies, spanning sustainable energy providers, high-growth mobility firms, leading media entities, and prominent wellness and beauty brands. A global investment strategy is adopted to unlock the full potential of these businesses.
Who are the top competitors of Multiply Group?
Multiply Group's top competitors include S⁴Capital, Townsquare Media and Tinuiti.
What products or services does Multiply Group offer?
Multiply Group offers Investment Portfolio Management, Mobility Solutions, Energy & Utilities, Media & Communications, and Wellness & Beauty.
Is Multiply Group publicly traded?
Yes, Multiply Group is publicly traded on ADX under the ticker symbol MULTIPLY.
How many acquisitions has Multiply Group made?
Multiply Group has made 6 acquisitions, including BackLite Media, International Energy Holding, and Isem Packaging Group.
Who are Multiply Group's investors?
Multiply Group has 1 investor. Key investors include IHC.
What is Multiply Group's ticker symbol?
The ticker symbol of Multiply Group is MULTIPLY on ADX.
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