AirAsia's Teleport to acquire Delivereat for US$9.8mil


Teleport chief executive officer Pete Chareonwongsak

KUALA LUMPUR: AirAsia’s digital logistics venture Teleport has signed an agreement to acquire 100 per cent equity interest in local online food delivery platform Delivereat for US$9.8 million (US$1=RM4.24) to strengthen its delivery service in the country.

Teleport chief executive officer Pete Chareonwongsak said the acquisition would be satisfied via a combination of cash and the company’s shares.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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AirAsia , Teleport , Delivereat , ASEAN , e-commerce , logistics

   

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