Wuaki.tv announces international expansion plans

Wuaki.tv has announced plans to launch throughout Europe, setting their sights on 13 new territories in 2014-2015

A demonstration of the strength of  venture capital investment, the Spain-based B2C video on-demand service plans to expand into France, Italy and Germany in 2014, and a further 10 countries in 2015, including the Nordic markets. The company, which came to Axon in its Startup phase, was bought by Japanese electronic commerce giant, Rakuten, as part of Axon’s successful exit strategy.

Axon invested in the company in 2011 and helped it rocket to the top of the Spanish market and become an attractive acquisition for Rakuten.

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