Post Mitsui investment, Axiata Digital to step up focus on core businesses

Axiata Digital CEO Mohd Khairil Abdullah

Axiata Digital, the arm of Malaysian telecom giant Axiata Group, is looking to further invest into its core businesses – e-wallet service Boost, regional digital agency ada and global API platform provider Apigate – after securing a strategic minority investment from Japanese conglomerate Mitsui & Co Ltd.

The investment had given Axiata Digital a pre-money enterprise value of $500 million for its core digital assets.

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