Reporo Makes Plans to Liquidate Company

Reporo Makes Plans to Liquidate Company

LONDON — Mobile performance ad network Reporo has posted on its website a message saying the company is insolvent and that its assets will be liquidated.

“The directors of the company, having regard to its financial position, have decided to place the company into creditor’s voluntary liquidation,” the notice said on Reporo's homepage.

As part of the notice, Reporo also linked to a letter to creditors from BM Advisory partner Andrew Pear in regards to the liquidation of parent company, Mobilewebadz Ltd.

“The purpose of this decision is to seek the creditors’ ratification of the members’ nomination of a liquidator, and if the creditors so wish, the formation of a liquidation committee," Pear said. "Resolutions to be taken at the meeting may include a resolution specifying the basis on which the liquidators are to be renumerated and creditors may also be called upon to approve the costs of assisting in the preparation of the statement of affairs and facilitating the creditors’ decision procedure to wind up the company.”

The London-based Reporo mobile ad network started up in 2006 and primarily served advertising for products such as VOD, utility apps, gaming, men’s health, casino/sports betting and adult, with an aim of providing returns for advertisers and publishers across its banner, pop-under and remarketing network.

Just last year the company created an affiliate network, while officials said that they were attempting to strengthen partnerships with numerous key advertisers within the industry.

Check out Pear's full letter, here.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Trump Administration Issues Executive Order Against 'Debanking'

The White House on Thursday issued an executive order limiting financial institutions’ ability to restrict access to financial services for people or groups involved in lawful industries, a longtime goal of adult industry advocates and stakeholders.

Go.cam Launches Free Age Verification Solution, Anti-Fraud Features

Go.cam has announced that its age verification solution is now free with updated anti-fraud and identity protection features.

Florida AG Sues EU-Based Adult Companies for Failing to Age-Verify Users

Florida Attorney General James Uthmeier filed a lawsuit Monday with the 12th Judicial Circuit Court of Florida against five EU-based adult companies for allegedly failing to require age verification before allowing access to adult content.

SkyPrivate Launches 'Telegram Pay-Per-Minute' Feature

SkyPrivate has launched a new pay-per-minute (PPM) private show option on Telegram.

Pineapple Support to Host 'Money and Mental Health' Online Event

Pineapple Support is hosting a free, online event to help performers balance financial wellbeing with mental health, Aug. 18-19.

Arcom Warns 5 Adult Sites Over Age Verification

French media regulator Arcom has sent enforcement notices to the operators of five adult websites that the agency says have failed to implement age verification as required under France’s Security and Regulation of the Digital Space (SREN) law.

MojoHost Debuts NVIDIA Blackwell-Powered Hosting

MojoHost has announced the launch of NVIDIA Blackwell-powered hosting featuring RTX 6000 Pro MaxQ GPUs.

FSC: Identity Theft Targeting Adult Performers

The Free Speech Coalition has put out an alert warning of an individual found to be targeting adult performers for identity theft.

Assylum.com Implements New Age Verification System

Assylum.com has introduced an age verification system across its member sites.

European Commission to Assess Pornhub, XVideos, XNXX Compliance With Digital Services Act

The European Commission plans to conduct a study to determine how well adult sites Pornhub, XVideos and XNXX are addressing illegal content and other potential harms under the EU’s Digital Services Act.

Show More