Detik.com, Indonesia online portal news, is acquired with US$60 million value?

August 4, 2011 by  

News of the acquisition of Detik.com, an Indonesia online news portal, was tweeted by Donis Ismanto Darwin, a journalist at Jakarta Daily. He said the acquisition is in final stage of negotiation where it will be valued at US$60 million with 100% acquisition ownership. He received this information from insiders and it is also verified by a person close to Budiono Darsono, founder and editor-in-chief of Detik.com, who said the acquisition value is about IDR 521-540 billion (US$ 61-63 million). Read more