Grab Grabs 90 Pct OVO Digital Wallet Stake From Lippo - NewsBreak

Southeast Asia's super app Grab is upping its interest in the Indonesian digital payments startup OVO from 39 percent to 90 percent after buying the stakes of Indonesian conglomerate Lippo, Reuters reported, citing unnamed sources. Lippo was instrumental in launching OVO and the eCommerce startup Tokopedia, which is about to...