Grab To Double Stake In Indonesian Fintech Firm Ovo As Competition Intensifies

The ride-hailing and deliveries giant is more than doubling its stake in Indonesian mobile wallet operator Ovo as competition heats up in Southeast Asia’s biggest e-commerce market.
The ride-hailing and deliveries giant is more than doubling its stake in Indonesian mobile wallet operator Ovo as competition heats up in Southeast Asia’s biggest e-commerce market.