Temasek Holdings

Retail Asia14/02/2019

Singapore online fashion market Zilingo has achieved capital investment of $226 million in a Series D funding round. The investments were made by the firm’s existing backers, including Sequoia Capital, as well as newcomers Temasek Holdings and EDBI, and will support the business’s expansion into fresh markets in the Philippines, Indonesia and Australia, as well […]

Retail Asia14/01/2019

Hong Kong-headquartered healthcare and beauty retailer Watsons is to launch in Vietnam. The first Watsons Vietnam store will open on January 17, in the lower floors of the high-profile Bitexco tower in downtown Ho Chi Minh City. The store will take up at least one floor of a two-storey space recently vacated by Topshop. Teasing […]

Retail Asia22/01/2018

Google, Singapore state investor Temasek Holdings and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing startup Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors, such as global private equity firms KKR & Co and Warburg Pincus, are also participating in the funding round, which is raising about $1.2 […]

Retail Asia16/11/2017

Singapore state investor Temasek Holdings has led a new round of equity funding for US second-hand fashion marketplace Poshmark. Poshmark plans to use the cash to expand its footprint across Asia, broaden its product categories and develop data-driven shopping experiences. It will also introduce its voice-enabled Stylist Match service. Accessed via Amazon Alexa, this aims […]

Retail Asia17/03/2017

Indonesia’s Salim Group is planning a major foray into e-commerce this year in partnership with South Korea’s Lotte. Indo Lotte Makmur, a 50-50 JV by the two conglomerates, will launch the iLotte online shopping platform as soon as July, putting US$88 million into the project initially. The service will be geared primarily toward women in […]

Retail Asia05/10/2016

With South-east Asia’s Internet economy set to rocket to hundreds of billions of dollars by 2025, international business giants are eyeing Singapore’s strategic location to gain access into the region’s e-economy, in particular, e-commerce. In recent months, the Republic has seen several big names pump billions worth of investments into local e-commerce companies, including one […]

Retail Asia23/05/2016

A takeover bid for Singapore-based Eu Yan Sang has valued the traditional Chinese medicine retailer at about S$269 million (US$196 million). A consortium comprising Singapore state investment company Temasek Holdings’ unit Blanca, Tower Capital TCM Holdings and some members of the founding Eu family have made the final offer of 60c Singapore a share. About […]

Retail Asia28/01/2016

Singapore-based investors purchased a record US$26.31 billion (S$37.83 billion) in overseas real estate in 2015, up 49 per cent from US$17.63 billion in 2014, going by preliminary data compiled by real-estate data and analytics firm Real Capital Analytics (RCA) as at Jan 12. The increase reflects Singapore investors’ strategy of targeting the world’s most liquid […]

Tag: Temasek Holdings

E-commerce firm Zilingo bags US$226m in funding

Watsons Vietnam opens first store this month

Google, Temasek Coming in as New Investors in Indonesia’s Go-Jek

Temasek Holdings to enter online fashion

Indonesia’s Lippo & Korea’s Lotte form e-commerce JV

Business giants eye Singapore as springboard into South-east Asian e-commerce market

Takeover bid of $196m. for Eu Yan Sang

Singapore investors buy record US$26.3b of overseas properties in 2015