Grab raises stake in Indonesia’s Ovo to 90%, buys out Tokopedia’s stake

2021-10-04

October 04, 2021 3:20 PM

SINGAPORE (BLOOMBERG) – Grab Holdings is boosting its ownership of the Indonesian mobile wallet provider Ovo to about 90 per cent by acquiring stakes from Tokopedia and Lippo Group.

Source : http://www.straitstimes.com/business/companies-markets/grab-raises-stake-in-indonesias-ovo-to-90-buys-out-tokopedias-stake

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