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February 13, 2017 12:51 pm GMT

Grab is buying Indonesian payment firm Kudo in its first major acquisition

grab grabtaxiUber’s Southeast Asia rival Grab is in the process ofbuying upIndonesia-based online payment startup Kudo in its first majoracquisition. A source close todiscussions confirmed toTechCrunch that talks are ongoing and a deal could be announced as soon this week.Reuters first reported the deal, which it said would be over $100 million however our source suggested that the figure… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rMfj6Gypx80/

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