Business news from Ukraine

CANADIAN MOBIFY ACQUIRES UKRAINIAN JEAPIE STARTUP

24 November , 2015  

KYIV. Nov 24 (Interfax-Ukraine) – Mobify IT company (Canada), which specializes in the development of mobile apps, has acquired the Ukrainian startup Jeapie.

A report by AIN edition on the acquisition was confirmed by GrowthUP Group, one of the investors in the startup.

According to fund managing partner Denys Dovhopoly, the transaction has been fully completed and amounts to a “seven-digit figure”.

“Yes, the transaction has been fully completed. The transaction is estimated at a seven-digit figure, other details of the deal are secret,” he said.

For GrowthUP+, this is the first deal to get out of the company’s portfolio company.

“We now have around 30 companies in the portfolio and at least once a month they get takeover offers,” the expert said.

The Ukrainian startup has posted information confirming the deal and about its future plans on its blog.

Jeapie, which delivers mobile push notifications, was founded in 2013.

Mobify was founded in 2007. Its headquarters are in Vancouver (Canada).