Grabbing e_老虎社区_美港股上老虎

jazinfinity
2021-10-04

Grabbing everything!

Grab Raises Stake in E-Wallet Ovo to 90%, Buys Out Tokopedia

(Bloomberg) -- Grab Holdings Inc. is boosting its ownership of the Indonesian mobile wallet provider

Grab Raises Stake in E-Wallet Ovo to 90%, Buys Out Tokopedia

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":820301021,"tweetId":"820301021","gmtCreate":1633349356172,"gmtModify":1633349356595,"author":{"id":3577229603264633,"authorId":3577229603264633,"authorIdStr":"3577229603264633","name":"jazinfinity","avatar":"https://static.tigerbbs.com/1208221a570d94e334b2d76cd0baf1d6","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":20,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Grabbing everything!</p></body></html>","htmlText":"<html><head></head><body><p>Grabbing everything!</p></body></html>","text":"Grabbing everything!","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/820301021","repostId":1164576358,"repostType":4,"repost":{"id":"1164576358","pubTimestamp":1633348191,"share":"https://www.laohu8.com/m/news/1164576358?lang=&edition=full","pubTime":"2021-10-04 19:49","market":"us","language":"en","title":"Grab Raises Stake in E-Wallet Ovo to 90%, Buys Out Tokopedia","url":"https://stock-news.laohu8.com/highlight/detail?id=1164576358","media":"Bloomberg","summary":"(Bloomberg) -- Grab Holdings Inc. is boosting its ownership of the Indonesian mobile wallet provider","content":"<p>(Bloomberg) -- Grab Holdings Inc. is boosting its ownership of the Indonesian mobile wallet provider Ovo to about 90% by acquiring stakes from PT Tokopedia and Lippo Group.</p>\n<p>Singapore-based Grab, which plans to go public via a merger with Altimeter Growth Corp. by the end of this year, increased its holding in PT Bumi Cakrawala Perkasa, Ovo’s parent, from about 39%, according to a filing with the ministry of legal affairs. Grab has been expanding beyond ride-hailing into financial services and originally invested in Ovo as part of that effort.</p>\n<p>The fate of Ovo has been thrown into question however because the e-commerce platform Tokopedia merged with Gojek, a ride-hailing company that is Grab’s primary competition in the region. The combined GoTo, an internet giant in Indonesia, held a stake in Ovo alongside Grab, as the companies vied for leadership in Southeast Asia.</p>\n<p>Ovo and Gojek’s GoPay had also competed fiercely in the past. By buying out Tokopedia and Lippo, Grab can resolve those conflicts and focus on boosting its financial services in the region.</p>\n<p>“We are pleased to complete the first part of a wider exercise to restructure our ownership,” Ovo said in a statement. “We welcome a greater commitment from Grab in Ovo. We’re working in close consultation with the regulators to complete the ownership restructuring process, and are confident this will allow us to better serve the financial services needs of Indonesians”</p>\n<p>Ovo is valued at about $2 billion, making Grab’s purchase worth between $500 million and $1 billion, according to a person familiar with the matter who asked not to be named discussing a private deal. Grab is in the process of selling a slice of its Ovo stake to Indonesian investors to comply with the country’s regulations, according to another person with knowledge of the matter.</p>\n<p>“It’s not surprising since Tokopedia needs to sell for regulatory reasons,” said Angus Mackintosh, founder of CrossASEAN Research. PT Elang Mahkota Teknologi, better known as Emtek, is likely to come in to acquire a stake from its strategic partner Grab, he said. “Grab may lose some business as Tokopedia switches to GoPay, but likely to gain elsewhere.”</p>\n<p>Grab said in July Emtek has invested $375 million into Grab Teknologi Indonesia, while Grab has completed an investment into Emtek without disclosing the amount.</p>\n<p>“This transaction has been planned for some time and will allow us to continue to focus on further deepening the market-leading strategy of GoPay and the broader GoTo Financial ecosystem,” GoTo said in a statement.</p>\n<p>Ovo is Indonesia’s largest mobile wallet with a 38% market share in the country, according to the Mobile Payments Report 2021 by Boku Inc.</p>\n<p>A substantial amount of Ovo’s transaction volume has come through Tokopedia though, a potential risk for the future. GoPay’s backers include Facebook Inc. and PayPal Holdings Inc.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Raises Stake in E-Wallet Ovo to 90%, Buys Out Tokopedia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Raises Stake in E-Wallet Ovo to 90%, Buys Out Tokopedia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-04 19:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/grab-raises-stake-indonesia-ovo-055502383.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Grab Holdings Inc. is boosting its ownership of the Indonesian mobile wallet provider Ovo to about 90% by acquiring stakes from PT Tokopedia and Lippo Group.\nSingapore-based Grab, which...</p>\n\n<a href=\"https://finance.yahoo.com/news/grab-raises-stake-indonesia-ovo-055502383.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/grab-raises-stake-indonesia-ovo-055502383.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164576358","content_text":"(Bloomberg) -- Grab Holdings Inc. is boosting its ownership of the Indonesian mobile wallet provider Ovo to about 90% by acquiring stakes from PT Tokopedia and Lippo Group.\nSingapore-based Grab, which plans to go public via a merger with Altimeter Growth Corp. by the end of this year, increased its holding in PT Bumi Cakrawala Perkasa, Ovo’s parent, from about 39%, according to a filing with the ministry of legal affairs. Grab has been expanding beyond ride-hailing into financial services and originally invested in Ovo as part of that effort.\nThe fate of Ovo has been thrown into question however because the e-commerce platform Tokopedia merged with Gojek, a ride-hailing company that is Grab’s primary competition in the region. The combined GoTo, an internet giant in Indonesia, held a stake in Ovo alongside Grab, as the companies vied for leadership in Southeast Asia.\nOvo and Gojek’s GoPay had also competed fiercely in the past. By buying out Tokopedia and Lippo, Grab can resolve those conflicts and focus on boosting its financial services in the region.\n“We are pleased to complete the first part of a wider exercise to restructure our ownership,” Ovo said in a statement. “We welcome a greater commitment from Grab in Ovo. We’re working in close consultation with the regulators to complete the ownership restructuring process, and are confident this will allow us to better serve the financial services needs of Indonesians”\nOvo is valued at about $2 billion, making Grab’s purchase worth between $500 million and $1 billion, according to a person familiar with the matter who asked not to be named discussing a private deal. Grab is in the process of selling a slice of its Ovo stake to Indonesian investors to comply with the country’s regulations, according to another person with knowledge of the matter.\n“It’s not surprising since Tokopedia needs to sell for regulatory reasons,” said Angus Mackintosh, founder of CrossASEAN Research. PT Elang Mahkota Teknologi, better known as Emtek, is likely to come in to acquire a stake from its strategic partner Grab, he said. “Grab may lose some business as Tokopedia switches to GoPay, but likely to gain elsewhere.”\nGrab said in July Emtek has invested $375 million into Grab Teknologi Indonesia, while Grab has completed an investment into Emtek without disclosing the amount.\n“This transaction has been planned for some time and will allow us to continue to focus on further deepening the market-leading strategy of GoPay and the broader GoTo Financial ecosystem,” GoTo said in a statement.\nOvo is Indonesia’s largest mobile wallet with a 38% market share in the country, according to the Mobile Payments Report 2021 by Boku Inc.\nA substantial amount of Ovo’s transaction volume has come through Tokopedia though, a potential risk for the future. GoPay’s backers include Facebook Inc. and PayPal Holdings Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":624,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":19,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Grab Raises Stake in E-Wallet Ovo to 90%, Buys Out Tokopedia

评论（2）

热议股票