The SingTel, WarnerMedia and Sony-backed streaming service filed for liquidation in March and has reportedly agreed to let Coupang buy its assets.
E-commerce firm Coupang has agreed to buy the assets of Hooq, the Singapore-based online streaming platform backed by corporates Singapore Telecommunications (SingTel), WarnerMedia and Sony, The Business Times has reported.
The deal was disclosed by people familiar with the deal, though they did not reveal the price Coupang will pay.
Hooq operates an online streaming platform with a presence in five South and Southeast Asian countries. It was formed by telecoms firm SingTel, with entertainment and media group WarnerMedia and…
