Ex-GIC heavyweights bring heft to tech startups

SINGAPORE-BASED tech startups the likes of Razer and Grab are increasingly tapping GIC heavyweights to help steer their strategies forward.

Singapore's JustCo to lease 16-storey Seoul tower, seeks new markets

FLEXIBLE space operator JustCo is set to lease a 16-storey building in Seoul's Gangnam business district for its largest location, raising its bets on growing demand for co-working space, while...

Centurium Capital raises over $2.7b from GIC, Temasek, among others

HONG KONG • China's Centurium Capital, a big backer of domestic start-up Luckin Coffee, said it has raised more than US$2 billion (S$2.7 billion) in its debut fund, giving the private equity firm...

GIC与Polymer Connected 雅加达开发数据中心园区

  新加坡政府投资公司(GIC)和数据中心业者Polymer Connected已签署合作协议,在雅加达开发数据中心园区。Polymer Connected已取得建设数据中心园区的土地,位于雅加达巴拉(Jakarta Barat)。

GIC's ex-chief economist to join Grab

THE former chief economist of GIC Leslie Teo will move to Grab to work on data science at the tech company, The Business Times understands. He will begin work at the ride-hailing firm from mid-...

Starbucks' Chinese rival raises $772m in US IPO

NEW YORK • Luckin Coffee, the Chinese challenger to Starbucks, on Thursday priced its initial public offering (IPO) at the top end of its targeted price range and sold more shares than planned, in...

GIC-backed Luckin Coffee seeks to raise up to US$510m in US IPO

SAN FRANCISCO (BLOOMBERG) - Luckin Coffee Inc, the ambitious startup that is challenging Starbucks Corp in the race to dominate China's growing coffee culture, is seeking to raise as much as US$...

GIC joins German mobile bank N26's US$300m funding round

SINGAPORE - Singapore sovereign wealth fund GIC is taking part in a US$300 million (S$406 million) fundraising by N26, which aims to build the first global mobile bank.

扩大对起步公司和风险创投领域投资 GIC与淡马锡去年投资总额增六成


GIC-backed digital wallet launched by dentist raises US$80m to drive expansion

SEOUL (BLOOMBERG) - Viva Republica, operator of the South Korean digital wallet Toss, has raised US$80 million from investors including Kleiner Perkins to propel its expansion into new areas such...

GIC is world's third most influential and powerful asset owner

SINGAPORE sovereign wealth fund GIC has made a dramatic ascent to became the world's third most influential and powerful asset owner after two large US pension funds.