Headline Details

Exclusive: Grab in talks to merge Indonesian payment firms to overtake Gojek - sources

Published on: Wed, 11 Sep 2019 5:27:38 UTC
News Agency: Reuters
Description:
SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power ahead of archrival Gojek, people familiar with the matter said.

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