Today’s Deals – Grab is buying Indonesian payment firm Kudo in its first major acquisition

grab grabtaxi Uber Grab is in the process of buying up Indonesia-based online payment startup Kudo in its first major acquisition. A source close to discussions confirmed to TechCrunch 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 is in fact lower. Grab… Read More

from TechCrunch

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