Singapore's Pine Labs acquires Malaysia-based e-commerce platform Fave in $45 million deal

Singapore's Pine Labs acquires Malaysia-based e-commerce platform Fave in $45 million deal

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-malaysia-fave-acquisition/singapores-pine-labs-acquires-malaysia-based-e-commerce-platform-fave-in-45-million-deal-idUSKBN2C00TO

Singapore-incorporated merchant commerce platform Pine Labs has acquired e-commerce and fintech firm Fave in a cash and equity deal valued at over $45 million, for joint global expansion, the companies said on Tuesday.