Indonesia: Kompas Gramedia to acquire Scoop for undisclosed amount

Kompas Gramedia, Indonesia’s largest media group and bookstore chain, today announced that it has acquired Scoop, an emerging e-book startup. Scoop’s platform will complement Gramedia.com, the flagship e-commerce platform by Kompas Gramedia that sells stationary, household products and books.

Scoop was launched in 2011 by Wilson Cuaca – who is also the founder of venture capital firm East Ventures – as the pioneer of mobile-first company in Indonesia. The company claimed that it has topped both the App Store and Google Play Store, and remains the only top grossing local application in the App Store during its lifespan.

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