AAA Prosus-backed Shipper acquires two

Prosus-backed Shipper acquires two

Indonesia-based logistics tech platform Shipper has acquired two companies: warehousing solutions company Pakde and local delivery startup Porter for undisclosed amounts.

Shipper’s acquisition of Pakde, which is backed by TNKapital, a corporate venturing unit of local bus group, was first reported by DealStreetAsia in May.

Shipper is a portfolio company of global internet group Prosus Ventures, formerly Naspers Ventures, and VC firms Lightspeed, Floodgate, Y Combinator, Insignia Ventures, and AC Ventures.

By James Mawson

James Mawson is founder and chief executive of Global Venturing.

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