KFit agrees to purchase Groupon's Indonesia operations
June 07, 2016
KFit, which provides discounted access to studios, gyms, spas and salons through its mobile application, has signed an agreement to acquire the Indonesia operations of Groupon (NASDAQ: GRPN). The deal is expected to close in 3Q. KFit last raised a $12 million Series A round in January led by Venturra Capital.