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Tag: KFIT

Retail Asia10/06/2016
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FashionLiving

KFit Holdings moves into Indonesia with Groupon

2min0
Malaysian health and fitness company KFit Holdings is about to enter the Indonesian market after signing a deal to acquire eCommerce company Groupon Indonesia. For an undisclosed amount, the acquisition will see KFit enter Indonesia with Groupon as a wholly owned subsidiary. The transaction is expected to be completed in the third quarter of this […]
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Retail Asia08/06/2016
groupon-workers-office-1024x683.jpg
General

Malaysia’s KFit buys Groupon Indonesia

2min0
Groupon Indonesia will become a wholly-owned subsidiary of KFit and Groupon Inc will be a strategic shareholder of KFit. The terms of the deal have not been disclosed. A report in the Chicago Tribune said Groupon announced the sale on Monday, the latest step in its ongoing shedding of international markets. Chicago-based Groupon, which operates […]
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