Filing: Taiwan-based Apple supplier Hon Hai plans to inject $1.5B into its India unit via its Singaporean subsidiary, as production shifts away from China
The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary.
Analysis: Temu and Shein are spending billions on Facebook, X, and YouTube ads in the US; Temu placed ~1.4M ads globally across Google services in the past year
meaning, if temu and SHEIN turn off the money faucet tomorrow they'd still have a broad base of Chinese revs Rat King / @mikeisaac : last thought and then i will shut up: Blitzing FB with ads to estab...
Profile of Singapore-based Sea Limited, an operator of online gaming, commerce, and financial services, whose market cap has quadrupled in 2020 to over $70B
and fiercer competition with local “superapps.” https://asia.nikkei.com/... Ruri Imahashi / @imaruritokyo : Sea's CEO Li suggested Sea's high valuation is due to its mix of gaming, commerce and financ...
South Korean budget hotel and online booking platform Yanolja raises $180M Series D led by Singaporean sovereign wealth fund GIC at a $1B+ valuation
Jon Russell / TechCrunch :
Financial-tech startup Affirm says it's raised $200M led by Singaporean sovereign-wealth fund GIC; source says at a valuation between $1.5B and $2B
Peter Rudegeair / Wall Street Journal :
Indian E-commerce Platform Shopclues Claims $1.1B Valuation After New Funding, Plans IPO
Indian e-commerce company Shopclues has raised a Series E that the company claims boosts its valuation to $1.1 billion. The round was led by GIC, the Singaporean government's sovereign wealth fund …