Swanson Investment Research

Swanson Investment Research

Share this post

Swanson Investment Research
Swanson Investment Research
Cardlytics ($CDLX): Kigo Acquires Entertainment from CDLX (Research Note #212)

Cardlytics ($CDLX): Kigo Acquires Entertainment from CDLX (Research Note #212)

Today, December 12, 2023, it was announced CDLX sold Entertainment to Kigo, a subsidiary of Augeo.

Austin Swanson's avatar
Austin Swanson
Dec 12, 2023
∙ Paid
3

Share this post

Swanson Investment Research
Swanson Investment Research
Cardlytics ($CDLX): Kigo Acquires Entertainment from CDLX (Research Note #212)
1
Share

Market Cap as of 12.12.2023: ~$8.01 / Share x 39.3M Shares ~ $315M Market Cap.

(#212): Kigo Acquires Entertainment from CDLX

The acquisition of Entertainment® advances Kigo's mission to transform loyalty engagement on a hyper-local and national level through Open Loyalty™ and dynamic digital experiences. 

Kigo is now positioned to offer more personalized, localized, relevant rewards delivered seamlessly through its proprietary digital asset delivery system and industry-leading universal loyalty wallet technology.

Today, December 12, 2023, it was announced CDLX sold Entertainment to Kigo, a subsidiary of Augeo.

The following CDLX Research Note will discuss:

  • About Entertainment (price paid, why CDLX acquired)

  • Why Kigo acquired it from CDLX

  • What CDLX did with Entertainment

  • Why CDLX sold (CDLX IR comments + other possible reasons)

  • Potential price (including what CDLX said)

  • Thoughts on the sale

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Austin Swanson
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share