Grab acquires US$274M stake in Emtek, fuels talk of OVO-DANA merger: Report

Southeast Asian superapp Grab has acquired a 4 per cent stake in Indonesian media and technology conglomerate Emtek, The Straits Times has reported. Citing a source, the report stated the transaction was valued at more than IDR 4 trillion (US$274 million) and took place in a recent private placement sale of Emtek shares. The deal was […] The post Grab acquires US$274M stake in Emtek, fuels talk of OVO-DANA merger: Report appeared first on e27.