February 09, 2018 BY LeapRate Staff
Exclusive: Price paid by Formax for ZuluTrade: $12.4 million
LeapRate Exclusive... LeapRate has learned that China based Formax Group's acquisition late last year of social / copy trading platform provider ZuluTrade, and related companies, was concluded at a price of USD $12.41 million. Formax actually acquired a lot more than just the ZuluTrade name, technology and platform. Indeed, when breaking down the purchase price,…
Read more