M&A Deal Summary

SoPa Acquires Pushkart

On February 14, 2022, SoPa acquired internet software and services company Pushkart

Acquisition Highlights
  • This is SoPa’s 1st transaction in the Internet Software and Services sector.
  • This is SoPa’s 1st transaction in Philippines.

M&A Deal Summary

Date 2022-02-14
Target Pushkart
Sector Internet Software and Services
Buyer(s) SoPa
Deal Type Add-on Acquisition

Target

Pushkart

Quezon City, Philippines
Pushkart is an online grocery delivery service that delivers the freshest goods in the most convenient way for Filipinos. Pushkart is based in Quezon City, Philippines.

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Buyer(S) 1

Buyer

SoPa

Singapore, Singapore

Category Company
Founded 2018
Sector Information Technology
Revenue 7M USD (2024)
DESCRIPTION

SoPa is building an ecosystem of platforms and technology-enabled companies that synergistically work together in transforming how consumers and merchants interact with one another in Southeast Asia. SoPa was formed in 2018 and is based in Singapore.


DEAL STATS #
Overall 1 of 4
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 4
Country: Philippines M&A 1 of 1
Year: 2022 M&A 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-03 Gorilla

Singapore, Singapore

Gorilla is a next-generation Web3-enabled MVNO that offers a full suite of mobile communication services such as local calls, international roaming, data, and SMS texting. The company enables its customers to convert unused mobile data into digital assets or Gorilla GO Tokens through its innovative proprietary blockchain-based SwitchBack feature. Its Tokens in turn can be redeemed for eVouchers, to offset future bills, or be redeemed for other value-added services. Gorilla was formed in 2019 and is based in Singapore.

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