Media subscription app Scoop had received $2.4m in funding from Kompas in 2013, two years after Mitsui had participated in a $770,000 round.
Media firm Kompas Gramedia has acquired Indonesia-based online media subscription service Scoop, one of its portfolio companies, for an undisclosed sum, Tech in Asia has reported.
Founded in 2011, Scoop allows users to subscribe to a range of newspapers and digital magazines through a single platform, and the company claims its app has been downloaded more than 6 million times.
Kompas invested $2.4m in Scoop’s Singapore-headquartered parent company, Apps Foundry, in 2013, after Mitsui Global Investment, a subsidiary of Japan-based…
