Medal.tv, a video clipping service for gamers, gets in the livestreaming market with Rawa.tv acquisition
Medal.tv, a short-form video clipping service and social media network for players, is getting in the livestreaming market with the acquisition of Rawa.tv, a Twitch rival based in Dubai, which had actually raised around $1 million to date. The seven-figure, all-cash offer will see two of Rawa’s founders, Raya Dadah and Phil Jammal, now joining Medal, and further […] “A lot of companies that target that market don’t actually comprehend the subtleties and attempt to reproduce existing Far-Eastern or western models that are doomed to stop working,” he said. Rawa, as the first livestreaming platform devoted to Arab gaming, had actually developed out its own proprietary live and network streaming innovation that’s now used in all its products. Going forward, Rawa will continue to run as a different platform, however it will end up being more firmly incorporated with Medal, the company says. The staying Rawa team will continue to run the livestreaming platform under co-founder Jammal’s leadership following the deal’s close, and the Rawa HQ will stay based in Dubai. …
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