YOUGotaGift announced an agreement to sell a 91% stake to Japan’s giftee on November 11, 2024. The transaction would give giftee a larger presence in the Gulf’s digital gift card market.
The Dubai-based company said the deal was subject to regulatory approvals and customary conditions, with completion expected by the end of that month. The announcement therefore described an agreed transaction awaiting completion.
YOUGotaGift’s existing management team was expected to remain. The company said shares held by existing investors, including Middle East
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- giftee agrees to acquire 91% of YOUGotaGift — yougotagift.com