GoTo buys additional 11.4% stake in Indonesian multifinance firm MAB for $2m

GoTo buys additional 11.4% stake in Indonesian multifinance firm MAB for $2m

Photo courtesy of GoTo.

IDX-listed super app PT GoTo Gojek Tokopedia Tbk (GoTo) has acquired an 11.4% stake in the local multifinance firm PT Multifinance Anak Bangsa (MAB) for 32.45 billion rupiah ($2 million).

Edited by: Pramod Mathew