Monday 20 September 2021
Medal.tv, a short-form video clipping service and social network for gamers, has entered the livestreaming market with the acquisition of Rawa.tv, a Twitch rival based in Dubai, which has raised around USD 1 million.
The seven-figure, all-cash deal will see two of Rawa’s founders joining Medal and further integrations between the two platforms going forward.
The Middle East and North African (MENA) region is one of the fastest-growing markets in gaming and still one that’s mostly uncatered for. MENA is an underserved market without a clear leader in the livestreaming space.
Rawa, as the first livestreaming platform dedicated to Arab gaming, has built out its own proprietary live and network streaming technology that’s now used in all its products.
Rawa users could upload their gaming clips to Medal.tv, and some Rawa partners had joined Medal’s skilled player program. Going forward, Rawa will continue to operate as a separate platform, but it will become more tightly integrated with Medal. Currently, Rawa sees around 100,000 active users on its service.