Internet DealBook

Third quarter global M&A and

investment activity
1 July - 30 September 2017

Internet DealBook is published by Right Click Capital company

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Informational Sources
All information contained in this presentation was sourced using Internet.
DealBook’s database. All additional information used to create the IDB
indices, was sourced from InternetWorldStats.com on October 2017.
Internet DealBook collects and compiles all their data from publicly
available sources. Average deal values are calculated using only deals
where the value has been disclosed. Visit Internet Dealbook for more
information on the methodology used for tracking and collating deals.
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Internet DealBook
Global overview
All amounts are in USD

Over $39.4bn of investments and acquisitions

2,140 deals tracked from public sources

Average deal value for investments reached $24.9m

Average deal value for acquisitions reached $176.6m

Internet DealBook
Global geographic overview

Deal value growth by region Q3 2016 - Q3 2017

140%
112% 116%
120%

100%
78%
80%

60%

40%

20%

0%

-20%

-40%
-38%
-60%
North America Asia/Pac Europe Rest of World

Internet DealBook
Global geographic overview

Average deal value by region Q3 2016 - Q3 2017

$70

$58
$60 $55
$50
$50
Millions

$40
$30 $31
$30
$19
$20 $15
$14

$10

$0
Europe Rest of World North America Asia/Pac

2016 2017

Internet DealBook
Global geographic overview

Average deal value growth by region Q3 2016 - Q3 2017

100%

80% 74%

60%

40%

20% 12% 11% 13%

4% 0%
0%

-20%

-40%

-60% -47%

-80% -73%
-100%
North America Asia/Pac Rest of World Europe

Investments Acquisitions

Internet DealBook
Global sector overview

Deal value growth by sector Q3 2016 - Q3 2017

150%
127%
112%
100%

53%
50%

0%

-33% -29%
-50%
-51%
-61%
-72%
-100%
Mobile & Media Marketing Software & Ecommerce Games Transactions Hardware &
Apps Services Infrastructure

Internet DealBook
Global sector overview

Average deal value by sector Q3 2016 - Q3 2017

$160
$145
$140

$120
$104
$100
Millions

$80 $67
$57
$60
$45
$38
$40 $32
$25 $26 $28 $30 $33 $31
$21 $19
$20 $10

$0
Mobile & Apps Marketing Games Software & Hardware & Transactions Media Ecommerce
Services Infrastructure

2016 2017

Internet DealBook
Australia overview
All amounts are in AUD

Over $192.9m of investments and acquisitions at an average

deal value of $6.0m
58 deals tracked from public sources
Average deal value for investments reached $4.5m
Average deal value for acquisitions reached $17.1m

Internet DealBook
Australia top 10 deals
Company Buyer/investor Sector Amount ($m) Deal Type

Hostopia Hardware & Infrastructure 52.0 Acquisition

Consortium Software & Services 16.0 Investment

Consortium Transactions 13.0 Investment

Five V Capital Transactions 10.5 Investment

Brian Flannery Hardware & Infrastructure 10.0 Investment

Superloop Software & Services 10.0 Acquisition

Follow[the]Seed, Axilor Ventures Transactions 8.0 Investment

Clean Energy Finance Corporation Hardware & Infrastructure 7.9 Investment

Reinventure Group Software & Services 7.2 Investment

Education for the Many Software & Services 6.0 Investment

Internet DealBook
Australia sector overview

Number of investments by sector in Australia Q3 2017

Transactions = 17
Software & Services = 10
Hardware & Infrastructure = 2
Mobile & Apps = 1
Games = 1
Marketing = 0
Ecommerce = 0
Media = 0

Internet DealBook
Australia sector overview

Number of acquisitions by sector in Australia Q3 2017

Software & Services = 18

Marketing = 3
Transactions = 2
Hardware & Infrastructure = 2
Ecommerce = 1
Media = 1
Games = 0
Mobile & Apps = 0

Internet DealBook
Australia sector overview
Q3 2016 total deal value Q3 2017 total deal value
Sector
($m) ($m)

Hardware & Infrastructure 5.5 72.0

Transactions 41.2 58.6

Software & Services 29.9 56.6

Games 0.0 3.5

Mobile & Apps 0.0 2.3

Ecommerce 0.0 0.0

Marketing 25.0 0.0

Media 48.6 0.0

Internet DealBook
 Southeast Asia overview
All amounts are in USD

Over $3.0bn of investments and acquisitions at an average deal

value of $76.2m
68 deals tracked from public sources
Average deal value for investments reached $13.0m*
Average deal value for acquisitions reached $8.0m

*Note: excludes Grab’s $2.5bn private placement

Internet DealBook
Southeast Asia top 10 deals
Company Buyer/Investor Sector Amount ($m) Deal Type

Didi Chuxing, SoftBank Transactions 2500.0 Investment

Consortium Media 133.0 Investment

Grishin Robotics Transactions 45.0 Investment

K2Global, MNC Media Group Mobile & Apps 32.5 Investment

Kasikorn Bank Software & Services 30.0 Investment

Continental Software & Services 29.0 Acquisition

Consortium Transactions 27.0 Investment

Consortium Transactions 18.0 Investment

Matahari Department Stores Ecommerce 16.0 Investment

Consortium Transactions 13.0 Investment

Internet DealBook
Southeast Asia sector overview

Number of investments by sector in Southeast Asia Q3 2017

Transactions = 24
Software & Services = 12
Media = 5
Ecommerce = 3
Marketing = 3
Games = 2
Mobile & Apps = 1
Hardware & Infrastructure = 0

Internet DealBook
Southeast Asia sector overview

Number of acquisitions by sector in Southeast Asia Q3 2017

Marketing = 5
Transactions = 4
Software & Services = 4
Hardware & Infrastructure = 4
Mobile & Apps = 1
Games = 0
Ecommerce = 0
Media = 0

Internet DealBook
Southeast Asia overview
Q3 2016 total deal value Q3 2017 total deal value
Sector
($m) ($m)

Transactions 1,359.4 2,683.9

Media 4.7 136.2

Software & Services 5.1 92.9

Mobile & Apps 103.3 32.5

Ecommerce 25.5 16.0

Marketing 3.0 9.5

Hardware & Infrastructure 0.0 1.4

Games 0.0 0.0

Internet DealBook
For lists of deals, investments, and acquisitions, by
geography and sector, visit InternetDealBook.com
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