Always open to exit OVO at the right valuation: Lippo Group’s John Riady

Lippo Group’s John Riady speaks at the Indonesia PE-VC Summit 2020 in Jakarta.

Indonesian property tycoon John Riady appears caught in two minds when discussing the country’s latest tech unicorn – digital payments firm OVO.

“I am always open (to exit OVO). I’m an investor – so at the right valuation,” Riady said when asked about plans for the start-up.

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