Indonesian conglomerate MNC Group invests $40m in Migo's local unit

Indonesian conglomerate MNC Group invests $40m in Migo's local unit

Migo application interface. (Photo: Tabita/DealStreetAsia)

PT MNC Vision Networks Tbk, a unit of media conglomerate MNC Group, has invested $40 million for a minority stake in the Indonesian arm of video-on-demand service Migo to accelerate its rollout in the archipelago.

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