AirAsia’s Teleport acquires Malaysia’s Delivereat for US$9.8M to further its super-app ambition

Teleport, airasia digital’s logistics venture in Southeast Asia, has acquired Malaysia-based on-demand food delivery platform Delivereat for US$9.8 million. The deal, which values Teleport at US$300 million, is expected to close by Q3 2021 after final approvals. Under the agreement, Delivereat’s husband-wife co-founder duo Leong Shir Mein and Tan Suan Sear will join the management […] The post AirAsia’s Teleport acquires Malaysia’s Delivereat for US$9.8M to further its super-app ambition appeared first on e27.