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Startups Posse and Beat the Q merge to catapult growth

by 3 days ago.

Posse and Beat the Q have today announced a merger that will assist in companies’ growth trajectory. Together, the startups want to create the “Uber or Airbnb of shopping”. Posse and Beat the Q both have strong traction; collectively, they will have 500,000 users, 56,000 shop relationships and handle over 400,000 transactions per month.

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Australian startup Newzulu to acquire Canadian media company Filemobile for over AUD$5 million

by 8 days ago.

Crowdsourced news distribution startup Newzulu has entered into a binding agreement to acquire Toronto-based media company Filemobile for approximately AUD$5.06 million (CD$5 million), depending on a number of conditions. To fund the acquisition, Newzulu will undertake a capital raise, details of which will be released at a later date. Newzulu will re-comply with Chapters 1 and 2 of the ASX Listing Rules in respect to the acquisition.

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