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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.

Singapore

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.

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