‘I’m the new Melanie Perkins’: Liven aims high with four acquisitions
Key Points
- Liven has acquired four tech companies for $152m.
- Two of the companies are Australian, one is from Singapore and one the US.
- Expansion across Southeast Asia is a priority.
- Rival companies including Mr Yum and me&u are undergoing a merger.
Melbourne-based hospitality industry tech start-up Liven has gone on an acquisition spree, taking advantage of a lull in tech sector valuations and a post-COVID rush for restaurants to become more digitally savvy, to pull off a string of deals across Australia, Singapore and Silicon Valley.
The buyouts lay down the gauntlet to rivals in a vibrant segment of the local tech scene, which has suffered a recent wobble following an investment boom in the pandemic era.
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