FREISINGER Holding AG has acquired a 25.01% stake in Xperience App & Lifestyle GmbH, enhancing its portfolio in the innovative digital services sector in Austria.
Information on the Target
The FREISINGER Holding AG has announced its acquisition of a 25.01% stake in Xperience App & Lifestyle GmbH, an innovative startup focused on software products related to the Xperience App and leisure services. This investment allows FREISINGER to tap into the revenue generated through collaborations with leisure service providers in Vienna.
Founded in 2018 by a group of Austrian students, Xperience operates from Vienna and is designed to facilitate friendships through activity-based engagement. It combines features of friendship-seeking with social networking, inspired by the principles of dating applications like Tinder, thus creating a unique platform for users to create or join activities and meet new people.
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Industry Overview in Austria
The digital services market in Austria has been expanding significantly, driven by a growing demand for innovative applications that enhance social interaction and leisure activities. The co
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