Offering more than 2500 newspapers and magazines and serving 1.5 million active users in France, Germany, the Netherlands, Belgium, Italy, the United Kingdom, Ireland, Austria, and Spain
Today is a big win for access to quality content as Cafeyn, the European information streaming champion, acquires Blendle, the Netherlands’ biggest news platform.
Cafeyn’s mission since it launched in 2006, has been giving users across Europe the opportunity to read from their favourite newspapers and magazines on its digital platform. Ari Assuied, president of the Cafeyn Group comments: “At Cafeyn our ambition is to give everyone unparalleled access to quality content. This acquisition enables us to accelerate our growth. We are very happy to onboard such a talented and passionate team of media experts into our Group”.
Cafeyn, in joining forces with Blendle, is continuing to accelerate its international expansion and product development. Blendle has developed notable product expertise around the article experience including clipping, tags, recommendations and audio, all of which are complementary to the Cafeyn platform. It will mean the Cafeyn Group of companies now offers more than 2500 newspapers and magazines and serves over 1.5 million active users across Europe.
“It has always been our dream to go international with Blendle. After all, making quality journalism accessible to everyone is not only relevant for the Dutch,” says Blendle founder Alexander Klöpping.
The ambition for Cafeyn moving forward is to accelerate expansion throughout Europe and beyond, bringing the best of both companies and apps together into a unified experience. Ari Assuied
We’re excited for our teams to start exchanging features and experiences and to make our catalogues featuring over 2500 newspapers and magazines available to all. It allows us to become the home of the best pan- European journalism out there”.
The acquisition of Blendle is the second by Cafeyn in as many months following the successful acquisition of miLibris, the technology service provider to publishers that operates in France and Canada, in June this year. Cafeyn’s recent acquisitions are underpinned by strong business growth over the past 3 years across the business, coupled with healthy market growth as the global sales revenues for digital magazines and newspapers have grown 22% CAGR over the past 5 years, according to PwC Digital Market Outlook 2018-2022. The combination of Blendle and miLibris under the Cafeyn umbrella means the company now has an active presence, i.e. employees, in France, UK, Netherlands and Canada.
Press contact:
Alfred London
