Djarum may have bought Indonesian media firm Kumparan as Argor exits

Djarum may have bought Indonesian media firm Kumparan as Argor exits

GDP Venture, the corporate venture capital arm of Indonesian conglomerate Djarum Group, has bought almost the entire stake it did not previously own in PT Dynamo Media Network, the parent company of local news and content platform Kumparan.com, for $60 million, DealStreetAsia has learnt.

Edited by: Joymitra Rai