ZoomerMedia Acquires Freshdaily Inc. (blogTO)

January 24, 2022

ZoomerMedia Limited (TSXV: ZUM) has acquired all of the shares of Freshdaily Inc., the owner and publisher of blogTO. The acquisition brings blogTO's large digital audience (350M+ annual page views; ~6M monthly users) and younger demographic reach into ZoomerMedia to accelerate digital product development and expand advertising and cross-platform offerings. Founder Tim Shore sold the business and will work with ZoomerMedia going forward.

Buyers
ZoomerMedia Limited
Targets
Freshdaily Inc. (blogTO)
Sellers
Tim Shore and other shareholders of Freshdaily Inc.
Location
Ontario, Canada
Transaction Type
Buyout

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