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Singapore’s Migme snaps up Shopdeca Indonesia

Singapore digital media company Migme is to buy Shopdeca Indonesia.

Shopdeca sells a curated range of lifestyle products online through two websites: shopdeca.com and sportdeca.com.

The move buys Migme a gateway into the neighbouring Indonesia market – as well as boosting the Migme executive team and Shopdeca.com founder Andreas Thamrin will joing Migme as global head of eCommerce once the deal is settled during the first half of 2016.

Migme CEO Steven Goh said the acquisition would give the company valuable local Indonesia market expertise.

“We look forward to the acquisition being a positive contributor to group results in 2016.”

In January this year Migme bought Sold.sg after listing on the ASX last year. It owns the chat app LoveByte and a share in MatchMe.

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