Singapore based migme has purchased an online entertainment shopping site called sold.sg from Singapore’s Soldgers Pte Ltd.

 

Sold.sg includes two main assets which enable users to place bids for a range of goods through the auction site and buy goods through the e-commerce site.

 

migme has made the purchase with a combination of cash and shares and has plans for a re-launched next month with view to expanding into key markets this year. 

 

migme reported a net loss of $1.29 million in the 2014 financial year.