Monday, October 4, 2021

Filing: Grab raises its stake in Indonesian mobile wallet provider Ovo to ~90% from ~39%, acquiring stakes owned by PT Tokopedia and Lippo Group (Bloomberg)

Bloomberg:
Filing: Grab raises its stake in Indonesian mobile wallet provider Ovo to ~90% from ~39%, acquiring stakes owned by PT Tokopedia and Lippo Group  —  - Ovo's fate was in question after Tokopedia merged with Gojek  — Grab plans to go public via a merger with Altimeter this year



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