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Indonesia retail tech startup buys supply chain platform

OVO-backed Warung Pintar pays $45m to upgrade distribution ecosystem

Warung Pintar plans to acquire 300,000 retail shops in the first quarter of 2021.   © Reuters

JAKARTA -- Indonesia's micro-retail tech startup Warung Pintar announced on Wednesday the acquisition of supply chain platform Bizzy Digital for $45 million.

The deal brings together Warung Pintar's front-end retail digitalization capabilities and Bizzy's supply chain strengths for faster distribution of consumer goods.

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