- July 7, 2021
- Posted by: Stratford Team
- Category: Business
Airasia planes are seen parked at Kuala Lumpur International Airport 2, amid the coronavirus disease (COVID-19) outbreak in Sepang, Malaysia October 6, 2020. REUTERS/Lim Huey Teng/File Photo
July 7 (Reuters) – Malaysian budget airline AirAsia Group (AIRA.KL) said its digital units have acquired two Thai technology businesses from Indonesian ride-hailing and payments firm Gojek for $50 million, according to a stock exchange filing on Wednesday.
The acquisition involved 100% of the equity interest in Velox Technology for $40 million by AirAsia SuperApp, and the entire equity in Velox Fintech for $10 million by AirAsia Digital.
AirAsia said the acquisitions will be satisfied by the issue of shares in AirAsia SuperApp, whereby the sellers will subscribe to ordinary shares representing 4.76% in AirAsia SuperApp.
Earlier, Nikkei Asia reported citing sources that AirAsia is in talks with Gojek to acquire its business in Thailand.
Under the deal, Gojek would take a…
