Quote from: joniboini on January 22, 2019, 10:59:41 AM

I heard that Coins.ph has been acquired by Go-Jek (the major player in the ride-hailing business in Indonesia).[1] Does this have any effect on how the Philippines use the services?

The acquisition amount is crazy according to the report, around $72 million.

[1] https://www.investinblockchain.com/go-jek-acquires-coins-ph/

Oh wow. I had no idea.

Anyway, the article was posted just 23 hours ago, so probably the acquisition of coins.ph was probably just recently. I think it's too early to say if some things are going to be different or not. If something would actually change, I hope that it's for the better.

About the $72 million price, I'm honestly not surprised. Coins.ph has a HUGE userbase, and saying huge is a big understatement. It's like having Coinbase without a single competitor.