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Grab buys Indonesia e-commerce startup Kudo
Acquisition sum is understood to be in the "high double-digit millions"
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".
PHOTO: REUTERS
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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