1. What is the big announcement?
On December 11/12, 2024, GS Technologies Ltd, a publicly traded company listed on the London Stock Exchange, acquired Bake.
2. Who is GS Technologies Ltd?
GS Technologies Ltd is an established company in the technology and digital asset sector, recognized for its long-term vision, leadership, and focus on innovation. Learn more here: https://www.gstechnologies.co.uk/
3. Why was this acquisition made?
The acquisition allows Bake to leverage GS Technologies' expertise and resources to improve services and develop new products, while providing stability and moving past previous challenges.
4. How does this impact the company’s leadership?
The current executive leadership team, including Julian Hosp, will remain during the transition to ensure continuity. Over time, Julian will step back to focus on personal matters.
5. Will there be any changes to my account or the services I use?
No, accounts and services will continue without interruption. The platform at bake.io and the app will remain operational as usual.
6. Is my money and data safe during this transition?
Yes, the security of customer funds and data remain a priority. There are no changes to the current protections in place.
7. Will my experience on the platform change?
No, the platform's functionality and offerings will remain the same. Community Telegram channels will also remain active, serving as a space for updates, discussions, and interaction among users.
8. Will I still interact with the same team?
Yes, most of the team is moving to GS Technologies, ensuring continuity in support and service.
9. What new opportunities can be expected from this acquisition?
The acquisition provides access to additional resources and expertise, potentially leading to improved platform stability, feature development, and service enhancements over time.
10. Will there be changes to the platform or app in the long term?
There are no immediate plans for changes. Any updates or improvements will be communicated in advance.
If you have any questions, please feel free to contact support here: