Axios Media Acquisition, Valuation, Funding & Investors

Pocket FM is an India-based audio entertainment platform, founded in 2018, offering short- and long-form audio series and podcasts in regional languages including Bengali, Tamil, and Hindi. The platform hosts more than 100,000 hours of content and 400,000 episodes across genres such as romance, self-help, and motivation, monetizing through microtransactions and subscriptions on a freemium, pay-as-you-go model. Pocket FM has expanded from India into the United States and other international markets, reaching over 200 million users and processing tens of millions of paid transactions.

Flipboard is a Palo Alto-headquartered social news aggregator curating personalized magazines from RSS feeds, websites, and social media. Founded in 2010, it reaches over 100 million monthly users across iOS, Android, and web platforms. Users follow topics like technology and sports, compiling feeds shared via Flipboard communities. The platform partners with publishers including The New York Times and BBC, distributing millions of articles daily.

Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing, Paid Media and Esports. It generates maximum revenue from the Publishing segment. The publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships, where online traffic comes either directly or through organic search results.

LiveScore Group is a London-headquartered sports media company reaching over 56 million monthly active users across 200 territories in Europe, Asia, Africa, the Americas, and Oceania. It delivers real-time scores, news, and video highlights for football, tennis, cricket, ice hockey, and basketball through apps and websites. As the Official Global Scoring Partner of LaLiga Santander since 2019, LiveScore Group enhances fan engagement with personalized content and betting integrations.

USA Today Co Inc is a diversified media company with expansive reach at the national and local level, dedicated to empowering and enriching communities. It prioritizes a digital-first approach, focusing on audience growth and engagement while diversifying revenue streams. Through its trusted brands, including the USA TODAY NETWORK, comprised of the national publication, USA TODAY, and local media organizations, including a network of local properties, in the United States, and Newsquest, a wholly-owned subsidiary operating in the United Kingdom, provide essential journalism, local content, and digital experiences to audiences and businesses. Its digital marketing solutions brand, LocaliQ, supports small and medium-sized businesses with digital marketing products and solutions.

Medium is a San Francisco-headquartered online publishing platform launched in 2012 where users share articles on diverse topics. The service curates personalized feeds based on followed writers and publications, incorporating features like audio narration and paywalled content via Medium Partner Program. Medium hosts millions of monthly readers engaging through claps, highlights, and responses across technology, culture, and science verticals.

Shanghai Ganglian E-Commerce Holdings Co Ltd is an integrated IT service provider which specializes in supplying steel info services, network technology, E-Commerce services and logistic management software for metallurgic enterprises.

Weathernews Inc is engaged in the provision of weather information content services in Japan. It offers services for logistics, transportation, distribution and theme parks. Its services include mobile content service, aviation industry content service, voyage planning content service, and ocean and off-shore content service, among others.

Taboola is a performance-based native advertising network designed to improve click-through rates and increase monetizable events for advertisers while generating yield for publisher websites. Taboola competes with Google, Amazon, and other advertising networks that display stories and products on websites. The company was founded in 2007 in Israel. It acquired Connexity, a retail advertising network, in 2021, and entered a partnership with Yahoo in 2022, in which it acquired exclusive native advertising rights over Yahoo digital properties in exchange for a 25% equity stake in the company.

DXY is an online platform connecting doctors, patients, and healthcare organizations in China via specialized social media for pharmaceuticals and life sciences. Hangzhou-headquartered since 2000, it provides communication tools, public health services, and precision marketing. Backed by Tencent, Hillhouse Capital, and Legend Capital, DXY enhances medical collaboration and productivity.

Lianshang Literature is an online platform dedicated to novel reading, hosting a vast library of digital literature content.

Red Ventures is a Charlotte-headquartered digital holding company founded in 2000 that owns and operates media brands including Bankrate, Healthline, The Points Guy, CNET, Lifewire, and Payscale. It delivers personalized content and marketing services across finance, health, travel, education, home services, and entertainment sectors. The company maintains offices in 10 US cities plus locations in London and Sao Paulo, powering consumer decision-making through data-driven platforms and partnerships with lenders and service providers. Red Ventures expanded its portfolio by acquiring CNET in 2020 and continues to integrate AI for enhanced user experiences.

Yidian Zixun is a China-based personalized news aggregation app founded in 2011 by former Baidu vice president Ren Xuyang. The platform uses recommendation algorithms to deliver customized content to users, competing with ByteDance's Toutiao in China's news app market. Phoenix New Media became Yidian's largest shareholder through a series of investments, and the app grew to tens of millions of daily active users.

Inshorts is a mobile news application delivering stories in 60-word summaries for quick consumption. Noida-headquartered since 2013, it covers politics, business, sports, entertainment, and technology using AI-curated feeds personalized by user interests. The app reaches millions daily in India and beyond, partnering with publishers for real-time updates. Inshorts expanded into vernacular languages like Hindi and offers video shorts, establishing dominance in the bite-sized news format.

Midu Novels is a Beijing developer of mobile apps for serialized fiction reading, including the Mi Reading Novels client featuring romance, fantasy, urban, and historical genres. It also operates the Balls Ball video app for short-form content, serving millions of users through Tencent and Huawei app stores.

NewsBreak is a Mountain View-headquartered app delivering hyper-local news from 10,000 U.S. sources to 40 million users. Founded in 2015 by former Baidu engineers, it achieved unicorn valuation in 2021 with $115 million Series C funding. The platform monetizes through publisher tools and local ad campaigns, expanding to 500 cities.

Trustpilot Group PLC and its subsidiaries consist of developing and hosting an online review platform that helps consumers make purchasing decisions and businesses showcase and improve their services. Trustpilot is open, independent, and impartial and helps consumers make the right choices and businesses to build trust, grow and improve. The group consists of more than 300 million reviews and approximately 64 million monthly active users across the globe, with around 140 billion annual Trustbox impressions.