Proactive Investors video: Bango PLC’s Ray Anderson details expanded strategic partnership with NHN Corp

Ray Anderson speaks to Proactive London’s Andrew Scott about the expansion of Bango’s global data partnership with South Korean big data business, NHN Corp.

NHN will invest £6.5M into the Audiens data platform, owned by Bango’s subsidiary Bango Deep, giving NHN a 60% stake. In addition to the Bango Deep investment, NHN has also agreed to subscribe for around 3.5M new shares in Bango itself, for £3.2M.

This is one of the two deals referred to in Bango’s trading update issued at the end of December 2019.