KFit Buys Groupon Indonesia

Groupon Indonesia has over 1 million users

The coupon and discounts company Groupon has sold its Indonesian business to a start-up company called KFit. KFit, which sells gym memberships, has said it doesn't plan on changing Groupon Indonesia's business model. A spokesperson from the company commented on the sale, saying: “The combination of Groupon Indonesia's established presence and KFit's experience in building a mobile-first platform will propel us in a high-growth local commerce market, further accelerated by increasing mobile penetration.” Groupon Indonesia has over 1 million users and 15,000 merchants. 

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