Multiply Group
Multiply Group PJSC is an Abu Dhabi-based tech-focused holding company. It was listed on Abu Dhabi Security Exchange (ADX) Main Market on December 5, 2021. Major shareholders of Multiply Group include International Holding Company (IHC).
The company's investments are in 5 industries: automotive, utilities, capital, wellness, and communications.
History
The Company started out as Multiply Marketing Consultancy LLC, established in the year 2003 with its current CEO and 3 other employees. In 2019, the Company initiated investments and global partnerships in tech-focused companies. International holding company acquired the Company in 2020. Multiply Group invested Dh92 million ($25m) in musician and entrepreneur Rihanna intimate apparel business Savage X Fenty.
The company's investments are in 5 industries: automotive, utilities, capital, wellness, and communications.
History
The Company started out as Multiply Marketing Consultancy LLC, established in the year 2003 with its current CEO and 3 other employees. In 2019, the Company initiated investments and global partnerships in tech-focused companies. International holding company acquired the Company in 2020. Multiply Group invested Dh92 million ($25m) in musician and entrepreneur Rihanna intimate apparel business Savage X Fenty.
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