Bitget acquires GMO-Z.com Cryptonomics in Thailand expansion push
Bitget, the world’s largest Universal Exchange (UEX), has announced the planned acquisition of GMO-Z.com Cryptonomics (Thailand) Co., Ltd., a Bangkok-based digital asset exchange and brokerage, through its interest in BTGT Management (Thailand) Ltd. Under the proposed transaction, GMO Internet, Inc. and its…
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Acquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
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