Axiata’s ADA Announces RM250 million Investment from SoftBank Corp.

Kuala Lumpur, 11 May 2021: Axiata Group Berhad’s subsidiary ADA (held by Axiata Digital Services) today announced the formation of an alliance with SoftBank Corp. (SoftBank). Under the agreement, SoftBank will invest approximately RM250 million (USD60 million) in ADA with the ambition to expand and accelerate the Group’s analytics, data and AI digital marketing business […]