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Grab bolsters payment platform with Indonesian e-commerce acquisition
ZDNet Ride-sharing operator Grab says it is acquiring Indonesian online-to-offline (O2O) e-commerce platform, Kudo, to boost its mobile payments offering and grow its local presence. The buyout was part of a four-year investment plan to pump US$700 million ... Grab acquires Indonesian e-commerce platform Kudo Grab to Acquire Indonesian O2O Ecommerce Platform Kudo Uber's Biggest SE Asia Rival, Grab, Buys Indonesian E-Commerce Platform |
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