Grab to take majority stake in Indonesia's OVO - NewsBreak
By Merima in Business
Updated 3 years ago
SINGAPORE, Oct 4 (Reuters) - Southeast Asian ride-hailing and payments firm Grab has increased its stake in Indonesian e-wallet OVO as part of ownership restructuring, a deal pending regulator approval, the Indonesian firm said in a statement. Grab will own 90% of the firm, up from 39% currently, according to...
