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.
IFC’s US$10 million investment in the fund to help boost technology development in Southeast Asia.
The shopping extravaganza will take off on 11.11 and land on 12.12 across the region.
Further fuels growth and innovation of Viu and other OTT services in Asia and beyond.
Mobike receives new strategic investment from Singapore's soverign wealth fund Temasek.