MOL plants its flag on the American continent
Simple majority acquisition of Silicon Valley startup Rixty MOL may additionally have extra acquisitions up its sleeve as it gets equipped for listing round 2014 ALL those who attended the Oct 16 DNA-TeAM Disrupt session had an inkling of what to expect from MOL Global Pte Ltd. Majority shareholder Tan Sri Vincent Tan, also the founder of the Berjaya Group, had told the target audience that MOL turned into increasing its footprint to come to be a true international participant, each inside the payments space and as a video games writer. The motivation is scale and valuation. As Tan stated: “When you look at the crazy valuations of these Silicon Valley companies, I imply, what is our one billion?” Hence MOL Global, thru its founder and chief govt officer Ganesh Kumar Bangah, has been busy increasing its attain globally to transport from being known as the leading Asian online fee company, to a global one. It took a large step in that course nowadays (Oct 23) by using obtaini...