Twitter Acquires Minority Stake in Aleph Group
January 12 2022 - 02:20AM
TipRanks
Twitter, Inc. (NYSE: TWTR) has acquired a minority stake
in the digital advertising firm Aleph Group, Inc, which is expected
to go public in the United States. The financial terms of the deal
that closed in October 2021 were kept under wraps. Benefits
According to Aleph, Twitter's investment is likely to help the
company expand its educational tech platform by building a
proprietary educational tech platform, digital advertising
education, training and certification to more than 50,000 digital
professionals in 90 countries across 5 continents, and efforts to
create new digital jobs in underserved markets. At present,
Aleph serves as Twitter's exclusive advertising partner in 74
countries.
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