1. Startups

AnyMind Group Acquires Local E-commerce Enabler Company DDI

This M&A transaction is valued at $7,5 million, marking AnyMind Group's first acquisition in Indonesia

AnyMind Group, a company end-to-end commerce enabler, announced that it has acquired all the shares issued by e-distributors and e-commerce enablers from Indonesia, PT Digital Distribution Indonesia (DDI). The transaction is valued at $7,5 million or equivalent to 111 billion Rupiah (including consideration earnout of $2,5 million).

This is the first acquisition AnyMind Group in Indonesia, as well as the first acquisition after becoming a public company on the Tokyo Growth Market Stock Exchange on March 29, 2023.

Through this strategic move, the two companies will combine their capabilities. AnyMind Group with its technology for end-to-end commerce and a global network of partners, as well as local e-commerce operations teams and DDI customer networks in Indonesia.

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