5/4/2019 – My E.G. Services Bhd, otherwise known as MyEG, through its wholly-owned unit MyEG Capital Sdn Bhd is investing 10 million yuan investment (about US$1.5 million) in Chinese…
The acquisition deal value was not disclosed by both parties.
The unprecedented deal in Vietnam’s retail industry was proposed by the chain owner.
The funding would be used to support TheLorry’s regional expansion in its home country Malaysia and neighbouring countries Thailand, Singapore and Indonesia.
The move is aimed at improving Go-Jek’s food delivery business, GoFood to go up against competitor GrabFood.
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