Southeast Asian content payment provider CODA Payments acquired E -Sport Baash

Coda Payments, which is based in Singapore and provides digital content cross -border payments and distribution solutions, acquired the Mobile E -Sports tournament platform "Baash".Details of the acquisition have not been announced.

With this acquisition, CODA will expand the range of existing game goods and solutions.Among them are the digital game content marketplace "Codashop" and the free participation community e -sports tournament "Codashop Global Series (CGS)".

With the acquisition of BAASH, CODA aims to provide better services for players who want to participate in the CGS e -sports tournament.CGS has been deployed in 17 market worlds and has gained more than 100,000 participants in the past 12 months.CODA will optimize the Baash platform and incorporate the service into his CODA product line.

Coda Payments CEO Philippe Limes says:

The acquisition is a sign of our commitment to providing customers with the best value, experience, and entertainment every day.

CODA, founded in 2011, has supported the product and services of digital content creators for games and entertainment in more than 45 markets.CODA is supported by APIS PARTNERS, a PE asset manager in London, and GMO GLOBAL PAYMENT FUND, an investment fund specializing in Southeast Asian payments.CODAPAY (cross -border payment engine) and his XSHOP (game content distribution network) are also services provided by the company.

According to Press Release, MOONTON (Mobile Legends: Bang Bang), Garena (Free Fire), TenCent (Pubg Mobile), streaming platforms such as bein and BIGO LIVE, apps such as Tinde R, video on demand platform, etc.It is said that publishers such as are collaborating with CODA to attract customers and settle.

CODA states that Codashop is trusted as a source of games and in -game currency, providing customers with more than 250 safe payment methods, and records more than 90 million visitors a month.The platform also enables "seamless purchase experience" that does not require registration or login, and is proud to be able to immediately add game credit and in -game currency to gamer's account.

Established in 2016, Baash, owned by Capsl Entertainment based in Hong Kong, can create e -sport events, participate in contests, and discover a game fan community with the same ideas.can.According to the ASIA ESPORTS MARKET REPORT 2021, Asian e -sports increased the US $ 543.8 million in 2020, despite the expansion of the new Coronavirus, 4 compared to that in 2019..It has increased by 9 % and is expected to grow even more this year.

[Via E27] @e27co

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