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FINTECH MATCHMOVE PAY BUYS ECOMMERCE STARTUP SHOPMATIC


MatchMove, a Singapore FinTech, has bought eCommerce startup Shopmatic, also from the same country, for $200 million. This shows how much the startup ecosystem in India and Southeast Asia has been consolidating. The combined entity will be called the MatchMove Group and will target revenues of $400 million and four million customers in over 15