About Wedge News
Wedge News is a company based in Glasgow (United Kingdom) founded in 2020 was acquired by Playmaker in October 2022.. The company has 4 employees as of December 31, 2021. Wedge News operates in a competitive market with competitors including The Athletic, Hupu, MinuteMedia, Bleacher Report and Better Collective, among others.
- Headquarter Glasgow, United Kingdom
- Employees 4 as on 31 Dec, 2021
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Wedge Traffic Limited
- Date of Incorporation 21 Jan, 2019
- Jurisdiction EAST KILBRIDE, GLASGOW, SCOTLAND
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Annual Revenue
$686.19 K (USD)116as on Dec 31, 2021
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Net Profit
$237.88 K (USD)412as on Dec 31, 2021
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EBITDA
$275.1 K (USD)461as on Dec 31, 2021
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Latest Funding Round
- Investors
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Employee Count
4
as on Dec 31, 2021
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Acquired by
Playmaker
(Oct 17, 2022)
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Funding Insights of Wedge News
| 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 Wedge News
Wedge News has secured backing from 1 investor. Prominent investors backing the company include Playmaker Fans. 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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Provider of sports news platform
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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 Wedge News
| 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 - Wedge News
| 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 |
Wedge News Comparisons
Competitors of Wedge News
Wedge News 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 The Athletic, Hupu, MinuteMedia, Bleacher Report and Better Collective, 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 |
Subscription-based sports media is delivered to local premium audiences.
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| domain | founded_year | HQ Location |
Sports commentary and news are provided through Hupu's platform.
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| domain | founded_year | HQ Location |
Provider of digital content and advertising solutions for publishers and advertisers
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| domain | founded_year | HQ Location |
Crowdsourced sports scores, news, and content are provided to users.
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| domain | founded_year | HQ Location |
Provider of a betting platform for multiple sports
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| domain | founded_year | HQ Location |
Sports and men's lifestyle online magazine
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Wedge News
Frequently Asked Questions about Wedge News
When was Wedge News founded?
Wedge News was founded in 2020.
Where is Wedge News located?
Wedge News is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
How many employees does Wedge News have?
As of Dec 31, 2021, the latest employee count at Wedge News is 4.
What is the annual revenue of Wedge News?
Annual revenue of Wedge News is $686.19K as on Dec 31, 2021.
What does Wedge News do?
Wedge News was established in 2020 in Glasgow, United Kingdom, as an online platform focused on the betting sector. Content related to betting news and updates is delivered through its website, wedgenews.com. Operations are centered on digital dissemination of industry information, targeting audiences interested in gambling and wagering developments. The platform serves users across the UK and potentially broader regions via online access.
Who are the top competitors of Wedge News?
Wedge News's top competitors include The Athletic, Hupu and Bleacher Report.
Who are Wedge News's investors?
Wedge News has 1 investor. Key investors include Playmaker Fans.