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Team Internet’s ad business keeps growing

The company is also establishing a pattern of returning cash to shareholders
March 18, 2024
  • Leverage increases
  • Concentrated customer base

In September, web services group CentralNic rebranded to Team Internet Group (TIG) in a bid to find a name that more accurately reflected its identity. In a statement, the company said its transition into a “highly profitable digital marketing technology platform business” was catalysed by its acquisition of Team Internet AG in 2019. 

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