BUSINESS

Iflix acquisition sign of consolidation

Business, Suchit Leesa-nguansuk, Published on 26/06/2020

» Chinese tech giant Tencent's move to purchase Iflix, a video streaming platform operating in 13 countries including Thailand, shows the subscription video-on-demand (SVOD) market is crucially competitive and mergers and acquisitions in this segment should continue, according to industry analysts.