Announced

NTT Docomo to acquire a minority stake in Ascend Commerce Charoen Pokphand.

Synopsis

NTT Docomo, a provider of telecommunication services to acquire a minority stake in Ascend Commerce, an e-commerce operator from Charoen Pokphand, a holding company. Financial terms were not disclosed. "We are very excited and delighted to take on the challenge of creating new lifestyles and enriching the life experiences of people in Thailand, through acceleration of retail marketing digital transformation with Ascend Commerce," Hiroki Kuriyama, NTT Docomo CEO.

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