Bailador Targets Fitness Tech Growth with Hapana Investment

Bailador Technology Investments Ltd (AU:BTI) has released an update.

Bailador Technology Investments Ltd has announced a new investment of $7.7 million in Hapana, a fitness studio management platform, aiming to enhance its global presence, particularly in the US and APAC regions. The company reports mixed financial results with a slight negative portfolio return of -0.8% over one year but maintains a positive 5-year return at 8.1%. Bailador’s move into the fitness software market, where Hapana processes over half a billion dollars annually, is part of its strategy to invest in technology companies with significant growth potential.

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