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Singapore start-up Gogoprint buys Indonesia printing business

Singapore start-up Gogoprint buys Indonesia printing business

SINGAPORE – Singapore-based Gogoprint has acquired Prinzio, an Indonesian printing start-up specialising in commercial printing outsourcing, to boost the growth of its business in Indonesia.

In a media statement, Gogoprint said that Prinzio has been operating in Indonesia since 2016 and is backed by principal investor, East Ventures. The startup has worked with clients including Google, e-payments platform Ovo and e-commerce firm Tokopedia.

Gogoprint added that it singled out Prinzio due to its strong B2B customer base and core emphasis towards customer loyalty. The firm plans to invest in Prinzio’s sales and marketing efforts to expand market share.