MPL is on a sticky wicket

Hit by recent taxation laws, the six-year-old startup has shifted its focus from real-money gaming to big-budget video games. But the road ahead is not all that smooth.

13 February, 202411 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Fintech Hala’s new millions

One of the largest-ever funding rounds among the Middle East startups, Carrefour’s latest exits and other updates from the week.

Business
Story image

Why the DGCA needs to rethink its multi-crew pilot licence proposal

The new licence may hand all power—and money—to airlines, while giving short shrift to pilots and flying training organizations. Besides, the older CPL mechanism isn’t really broken.

Internet
Story image

Alaan investment signals Peak XV’s Middle East fintech ambition

A big Series A funding round in the Gulf, real estate’s luxury updates and other headlines from the week.