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Rappler Holdings Corporation

Rappler Holdings Corporation

Rappler Holdings Corporation owns 98.77 percent of, records at the Securities and Exchange Commission show.

Its officers are the same as Rappler, Incorporated’s: Manuel Ayala as chairman, Maria Ressa as president, James Bitanga as treasurer, and Jose Maria Hofilena as secretary. In addition, Nico Nolledo and Glenda Gloria sit in the board.

Media group Dolphin Fire Group, Incorporated has the largest stake in Rappler Holdings at 31.21 percent. Ressa has 23.77 percent shares while Hatchd Group, Incorporated and Benjamin So have 17.86 percent shares each. The four combined own 91 percent of the company.

Dolphin Fire Group is 99.94 percent owned by investment house Menlo Capital Corporation. One of the shareholders of Menlo Capital Corporation is businessman Lucio Tan, Jr. with 49.99 percent shares, Bernard Rabanzo with 34.98 and Melanie Villanueva, with 9.96 percent. Spanish Javier Carlos Montes also owns 5.06 percent of Menlo.

Tan is the president and chief executive officer of Eton Properties, a real estate development company. He also has interests in airline, bank and wine distillery, among others, and is the son of Chinese-Filipino taipan Lucio Tan, Sr.

Rabanzo, meanwhile, is the president of mining company MRC Surigao Mines, and the compliance officer of property development firm MRC Allied.

Menlo Capital Corporation has 51 percent shares in MRC Allied, which is also in mining and power sector.

Shareholders of Hatchd Group, meanwhile, include Ayala and Nolledo.

Aside from these, Rappler issues Philippine Depository Receipts (PDRs) to get funds outside of the country. In 2015, it announced that philanthropic investment firm Omidyar Network and international investment firm North Base Media has poured in money for the digital media outlet.

Omidyar Network is founded by eBay founder Pierre Omidyar. According to its website, it invests in “entrepreneurs who share (their commitment to advance) social good.” The firm has investments in education, emerging technology, financial inclusion and property rights, as well as government and citizen engagement.

Meanwhile, North Base Media also invested in media and media technology across UK, Israel, USA, Bulgaria, Latin America, India, Hong Kong, Taiwan, Germany and Dubai.

Key facts

Business Form


Legal Form


Business Sectors

Online publishing


Dolphin Fire Group, Inc.

Dolphin Fire Group is a media company owned by investment house Menlo Capital Corporation, whose largest shareholders include property development firm MRC Allied director Bernard Rabanzo and businessman Lucio Tan, Jr.

Other Media Outlets

Other Online Outlets (Missing Data)


Media Business

Online publishing

Rappler, Inc. (98.77)

General Information

Founding Year



Maria Ressa

Affiliated Interests Founder

Maria Ressa is a former CNN Correspondent and ABS-CBN News and Current Affairs Head.


Unit 2501, Antel Global Building, 3 Julia VargasOrtigas Center, Pasig City 1605576-3931

Tax/ ID Number


Financial Information

Revenue (Financial Data/ Optional)

0.0003 Mil $ / 0.013 Mil P

Operating Profit (in Mill. $)

-0.17 Mil $ / -7.79 Mil P

Advertising (in % of total funding)

Missing Data


Executive Board

Manuel I. Ayala, Chairman

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

Audience share based on Nielsen’s National Urban TV Audience Measurement (TV, Jan-August 2016), Nielsen's Consumer and Media View (Print, Jan-August 2016), Audience share from Nielsen's Radio Audience Measurement (Radio, Jan-August 2016), Effective Measurement (2016)


General Information Sheet of Rappler Holdings Corporation (available upon request at SEC) (2015), Securities and Exchange Commission (SEC)

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