Carousell, SE Asia's biggest classifieds site, to merge with Telenor's 701Search; Telenor will invest $20M and have 32% stake in merged company valued at $850M+ (Yoolim Lee/Bloomberg)
Carousell, SE Asia's biggest classifieds site, to merge with Telenor's 701Search; Telenor will invest $20M and have 32% stake in merged company valued at $850M+ — - The equity and cash deal gives Telenor 32% in combined company — Telenor's 701Search has business in Malaysia, Myanmar, Vietnam
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