Exclusive: Sea Ltd is said to acquire 82% of Vietnam’s Foody for $64m

Photo by Sharon Chen on Unsplash

Singapore-based consumer Internet group Sea Limited has acquired 82 per cent of Vietnamese gourmet media platform Foody Corporation for around $64 million, a source familiar with the matter told DEALSTREETASIA.

On September 26, this portal had reported that Sea had bought a controlling interest in an unnamed Vietnamese startup operating restaurant booking and food delivery services. Rumour had it that the startup in question was Foody.

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