Media24 Overview

  • Year Founded
  • 1950

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2,971

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

  • Investments
  • 11

Media24 General Information

Description

Operator of a media company intended to provide social content of various types. The company's activities are engaged in newspaper, magazine, digital, editorial, financial data, and book publishing activities, as well as printing, distribution and logistics, and e-commerce activities, enabling customers to avail various information through its collection of web portals.

Contact Information

Website
www.media24.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Media24 Centre
  • 40 Heerengracht
  • Cape Town, 8001
  • South Africa
+27 021
Primary Industry
Media and Information Services (B2B)
Other Industries
Printing Services (B2B)
Logistics
Parent Company
Naspers
Vertical(s)
Industrials, E-Commerce, TMT, FinTech
Corporate Office
  • Media24 Centre
  • 40 Heerengracht
  • Cape Town, 8001
  • South Africa
+27 021

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Media24 Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Media24 Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a media company intended to provide social content of various types. The company's activities are engaged in
Media and Information Services (B2B)
Cape Town, South Africa
2,971 As of 2020

Atlanta, GA
 

Johannesburg, South Africa
 
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Media24 Competitors (5)

One of Media24’s 5 competitors is Lyfe Marketing, a Corporation company based in Atlanta, GA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lyfe Marketing Corporation Atlanta, GA
Yonder Media Corporate Backed or Acquired Johannesburg, South Africa
Provantage Media Group Private Equity-Backed Johannesburg, South Africa
Kagiso Media Corporation Sandton, South Africa
Bertelsmann Corporate Backed or Acquired Gutersloh, Germany
You’re viewing 5 of 5 competitors. Get the full list »

Media24 Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Media24 Investments & Acquisitions (11)

Media24’s most recent deal was a Seed Round with Mediababy for . The deal was made on 01-Feb-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Mediababy 01-Feb-2024 Seed Round Media and Information Services (B2B)
Swipe iX 03-Jun-2020 Merger/Acquisition IT Consulting and Outsourcing
NicheStreem 15-Mar-2017 Corporate Entertainment Software
Strika Entertainment 01-Jan-2014 Merger/Acquisition Media and Information Services (B2B)
Rubybox 17-Sep-2013 Merger/Acquisition Personal Products
You’re viewing 5 of 11 investments and acquisitions. Get the full list »

Media24 Exits (3)

Media24’s most recent exit was on 15-Mar-2017 from NicheStreem. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
NicheStreem 15-Mar-2017 Completed
The Natal Witness Printing & Publishing Company 14-May-2012 Completed
The Natal Witness Printing & Publishing Company 01-Jan-2000 Merger/Acquisition Completed
To view Media24’s complete exits history, request access »

Media24 Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Swipe iX Durbanville, South Africa 2014
Strika Entertainment Cape Town, South Africa 2001
Netwerk24 Johannesburg, South Africa 1974

Media24 FAQs

  • When was Media24 founded?

    Media24 was founded in 1950.

  • Where is Media24 headquartered?

    Media24 is headquartered in Cape Town, South Africa.

  • What is the size of Media24?

    Media24 has 2,971 total employees.

  • What industry is Media24 in?

    Media24’s primary industry is Media and Information Services (B2B).

  • Is Media24 a private or public company?

    Media24 is a Private company.

  • What is Media24’s current revenue?

    The current revenue for Media24 is .

  • Who are Media24’s competitors?

    Lyfe Marketing, Yonder Media, Provantage Media Group, Kagiso Media, and Bertelsmann are competitors of Media24.

  • When was Media24 acquired?

    Media24 was acquired on 29-Jun-2017.

  • Who acquired Media24?

    Media24 was acquired by Naspers.

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