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.