Philippine telco PLDT buys S'pore e-commerce company Paywhere
PLDT unit says the acquisition will help grow Philippine digital economy
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THE digital innovations unit of Philippine Long Distance Telephone Company (PLDT) and Smart Communications, Inc. has announced its purchase of Singapore-based e-commerce platform start-up Paywhere Pte Ltd, for an estimated price of US$5 million.
The acquisition by Voyager Innovation will boost its mission of enabling the growth of the digital economy in the Philippines and other emerging markets, it said on Tuesday.
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