Funds came from Sequoia Capital, Temasek, Burda Principal Investments, Sofina, EDBI and existing investors.
During this enhanced beta phase, Gojek seeks to further fine-tune its app and user experience based on feedback.
DBS/POSB customers will be the first to enjoy Go-Jek rides during this phase.
The two will work together on payment services ahead of the Indonesian company’s arrival in Singapore.
Golden Gate Ventures Fund III closes, anchored by existing investors Temasek, Hanwha, Naver, and EE Capital with new investors such as Taizo Son’s Mistletoe, Mitsui Fudosan, IDO Investments, CTBC Group, Korea Venture Investment Corporation (KVIC), and Ion Pacific.
Temasek, will hold a majority 60% of the new entity while StarHub will own the remaining 40%.
Singapore-based financing platform offers access to financing from accredited individual and institutional lenders.
Malaysia’s Khazanah Nasional and Singapore’s Temasek, GIC participate in round.
Premium discount code portal offers discounts and savings opportunities to online shoppers across the country.
Lazada is most searched site followed by Shopee which rapidly rose from 5th to 2nd place by end 2017.