Ann: Big to Acquire US Hospitality Platform Tipsly, page-2

Big Un Limited (ASX:BIG, or ‘the Company’) is pleased to announce that following a period of due diligence it has agreed to acquire US company Tipsly LLC (Tipsly). Tipsly owns a consumer app and platform (tipsly-app.com) developed for the US drink and hospitality space. Tipsly’s sophisticated mobile application code provides a white label solution and is currently being incorporated into the current Big Review TV consumer video review platform and app. The acquisition will provide the Company with a database of over 140,000 SMEs in the US hospitality vertical and a minimum of US $12m of advertising revenue. The acquisition is subject to shareholder and regulatory approval if required.