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Announced

Completed

Axiata Group completed the acquisition of Awake Asia for $20m.

Synopsis

Axiata Group, a telecommunication company, completed its acquisition of Awake Asia, an eCommerce agency, for $20m. "ADA has been serving some brands in Vietnam via our regional office. Now with a local presence and local teams, we will be able to offer more services to brands as part of their digital transformation needs. The current Awake Asia team of 60 employees gives us a significant competitive advantage to scale from and capture market share in Vietnam," Axiata Group.

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