Ibrahim Sani's Notepad: ADA's SoftBank Deal
May 28, 2021, 02:30 PM
SoftBank Corp is investing RM250 million (US$60 million) in Axiata Group Bhd’s digital marketing subsidiary ADA for a 23.07% stake in the company, establishing ADA’s RM1.07 billion (US$260 million) valuation. Ibrahim Sani speaks with Srinivas Gattamneni, CEO of ADA on this.