Topic

#KFIT

Every story tagged #KFIT on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Fashion

Jun 10, 20161 min read

KFit Holdings moves into Indonesia with Groupon

Malaysian health and fitness company KFit Holdings is about to enter the Indonesian market after signing a deal to acquire eCommerce company Groupon Indonesia. For an undisclosed amount, the acquisition will see KFit enter Indonesia with Groupon as a wholly…

General

Jun 8, 20161 min read

Malaysia’s KFit buys Groupon Indonesia

Groupon Indonesia will become a wholly-owned subsidiary of KFit and Groupon Inc will be a strategic shareholder of KFit. The terms of the deal have not been disclosed. A report in the Chicago Tribune said Groupon announced the sale on Monday, the latest step…