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Grab buys Indonesia e-commerce startup Kudo

Acquisition sum is understood to be in the "high double-digit millions"
Tuesday, April 4, 2017 - 05:50

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Grab said on Monday that it has acquired Indonesian e-commerce startup Kudo to boost its digital payments capabilities in Indonesia. While the acquisition sum was undisclosed, The Business Times understands it to be in the "high double-digit millions".

Singapore

GRAB said on Monday that it has acquired Indonesian e-commerce startup Kudo to boost its digital payments capabilities in Indonesia. While the acquisition sum was undisclosed, The Business Times understands it to be in the "high double-digit millions".

This marks Grab's

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