Grab, Uber’s Southeast Asia rival, is in the process of buying Indonesia-based online payments startup Kudo, making it Grab’s first major acquisition. According to TechCrunch, the deal could be announced as soon as this week. And while Reuters had previously reported that the deal was for more than $100...
April 04, 2017
Grab, the ride hailing app catering to the Southeast Asian market, has inked a deal to acquire Kudo, the Indonesian online payment startup. According to a report in Reuters, the acquisition of Kudo marks the first investment under Grab’s plan to invest $700 million in the Indonesian market. Grad did not say what price it […]
February 14, 2017
Grab, Uber’s Southeast Asia rival, is in the process of buying Indonesia-based online payments startup Kudo, making it Grab’s first major acquisition. According to TechCrunch, the deal could be announced as soon as...
