An Indonesian Internet company is poised for meteoric growth within the region due to the exponential growth of internet adoption within the region and the expansion of digital services usage.
(Bloomberg) Grab Holdings Inc. is boosting its ownership of the Indonesian mobile wallet provider Ovo to about 90% by acquiring stakes from PT Tokopedia and Lippo Group.
Singapore-based Grab, which plans to go public via a merger with Altimeter Growth Corp.
Silicon Valley s Ribbit Capital invests in Gojek-backed Bank Jago dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.