migme Limited (ASX:MIG) has entered into the e-commerce market with the acquisition of an online entertainment shopping site www.sold.sg from Singapore’s Soldgers Pte Ltd.
Sold.sg comprises two main assets: a pay-to-bid auction site and an e-commerce site. Users will be able to place bids for a range of goods via the auction site and buy goods via the e-commerce site.
This broadens the range of services delivered through migme’s growing user base beyond virtual gifts, games and content.
Sold.sg will be re-launched by migme in February. The service will be progressively integrated with the migme platform and expanded into key markets during 2015.
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