Kion is a Privately Owned company headquartered in Russia. Founded in 2021, it operates with approximately 50 employees and is a part of MTS Mediaholding. Its main product is media and TV services, and the company functions as a tier 1 media tech buyer. Kion is a Russian subscription streaming service and production company that offers movies, TV series, and TV channels through distribution deals, alongside its own productions known as KION Originals.
KION published several announcements on 8 November 2022. First, the company disclosed transactions made by its management and related parties. Then, it received a Sell rating from Nicholas Green of Bernstein, who lowered the target price from EUR 29 to EUR 17. However, Stefan Augustin Warburg Research recommended buying the stock, setting a target price of EUR 40, slightly lower than the previous target of EUR 41.
Kion offers 2 products in the media and telecoms services industry. Kion's product portfolio comprises of media and TV services and consumer electronics.
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Kion's revenues were less than $100M in 2024. Caretta Research has split Kion's revenue into 2 different product categories, the largest of which is video streaming. For full access to Kion's revenue breakdown subscribe to Caretta Portal.
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