Amazon Acquires MX Player https://t.co/u37oL9uFaz
Amazon acquires key assets of Indian video streaming service MX Player; a source says the deal values the streamer at $100M, below its $500M valuation in 2019 (@refsrc / TechCrunch) https://t.co/pd1BKgc3IS 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/iiqB2poLVx
Amazon acquires key assets of Indian video streaming service MX Player; a source says the deal values the streamer at $100M, below its $500M valuation in 2019 (@refsrc / TechCrunch) https://t.co/xSfOm4hpHU https://t.co/7LvOr2oarh

Amazon has acquired key assets of the Indian video streaming service MX Player from Times Internet. The deal, reported by TechCrunch on June 6, 2024, values MX Player at under $100 million, significantly lower than its previous valuation of $500 million in 2019. An Amazon spokesperson expressed excitement about the acquisition, although specific details about the assets acquired were not disclosed. Amazon's stock ticker is $AMZN.


