Cloudary Corporation, a Chinese online literature aggregator, announced in a public release that it has raised approximately US$110 million through private placements from Goldman Sachs and Singapore’s sovereign wealth fund, Temasek Holdings.
Temasek Holdings says 65-year-old Lim Boon Heng is to become its fourth chairman on August 1, succeeding S. Dhanabalan, who served as the Singaporean sovereign wealth fund’s chairman for the past 17 years. S. Dhanabalan will be retiring from Temasek’s board ahead of his 76th birthday in early August.
Singapore’s sovereign wealth fund Temasek Holdings says it has named Dr. Wu Yibing as its head for China, effect from 1 October 2013.
Beijing-based popular online fashion e-commerce company Vancl Holdings Ltd. has raised more than US$100 million in series G funding, according to a company announcement.
Shanghai-based Chinese video game company Giant Interactive Group is selling its stake in Alibaba Group Holdings to New York-based investment firm Tiger Global Management LLC for around US$199 million, according to a company announcement.
Beijing-based fruit juice producer China Huiyuan Juice Group Limited has received an investment of US$150 million from Temasek Holdings, according to a regulatory filing of the company.
Singapore investment company Temasek holdings has agreed to acquire a 24.95% stake in health & beauty retailer A.S. Watson for US$5.7 billion, according to a company announcement.
Singapore-based state investment company Temasek Holdings has opened an office in London to support its investment interests in Europe, Middle East and Africa (EMEA), according to a company announcement.
Nanjing, Jiangsu province-based Chinese travel and tour service provider Tuniu Corporation has filed for a U.S. initial public offering (IPO), seeking to raise as much as US$120 million, according to a filing with the U.S. securities regulator.
Chinese logistics warehouse developer Shanghai Yupei Group says that RRJ Capital and an investment company managed by SeaTown Holdings International, an investment firm wholly-owned by Temasek Holdings, have agreed to invest US$250 million in Yupei, according to a company announcement.
Around six preliminary bidders, including UBS AG, Singapore’s Temasek Holdings and French bank BNP Paribas, are to acquire up to a 10% stake in state-owned Postal Savings Bank of China (PSBC) for at least US$3 billion, according to media reports. The stake sale comes before PSBC’s planned initial public offering next year, which could raise around US$25 billion, equal to the record set by Alibaba Group Holding’s U.S. IPO last year.
New York Stock Exchange-listed pharmaceutical research and development services provider WuXi PharmaTech (Cayman) Inc. has completed a US$3.3 billion go-private deal, in which it has been acquired by a group of private equity investors and company management, according to an announcement.
Singapore’s Temasek Holdings Pte pared its holdings in Alibaba Group Holding Ltd. in the fourth quarter, according to a filing with the U.S. Securities and Exchange Commission.
Singapore’s Temasek Holdings has announced an organization structure reorganization, aimed at aligning the firm with its core priorities at a challenging global investment environment, according to an announcement.
Singapore’s GIC Pet Ltd. and Temasek Holdings have bought US$1 billion of shares in Chinese e-commerce giant Alibaba Group Holding Ltd. as part of an US$8.9 billion sale by Alibaba’s biggest shareholder SoftBank Group Corp.
Vision Plus Capital, a Hangzhou-based venture capital firm managing RMB2 billion (US$290 million), has hired an ex-Temasek director and a former GGV Capital professional to lead its investments in the Internet, technology, healthcare and consumers sectors.
China Investment Corporation, Silk Road Fund, Singapore’s Temasek Holdings, ARM Holdings plc and two other investors have established a fund targeted to raise US$800 million to invest in the mobile Internet, Internet-of-Things (IoT) and artificial intelligence sectors globally. Shenzhen government-owned conglomerate Shum Yip Group Ltd. and Chinese private equity firm Hopu Investment Management Co are also backers of the Shenzhen-based vehicle named Hou An Innovation Fund, according to an announcement posted on China’s Ministry of Science and Technology’s website. ARM …
Singapore’s state investment fund Temasek Holdings has agreed to invest US$800 million in Verily Life Sciences LLC, a healthcare subsidiary of Alphabet Inc. Following the deal, Temasek will receive a minority stake in the unit and help it expand outside of the U.S., particularly in Asia.
Chinese bike sharing company Mobike has received new strategic investment from Singapore’s state investment firm Temasek Holdings and existing investor Chinese investment firm Hillhouse Capital to raise a total of over US$300 million since the start of 2017, a tremendous feat for a start-up with actual operation time of less than one year.
Mobike, one of China’s biggest bike sharing start-up, has launched operations in Singapore, the first city outside of mainland China for the company to put its bikes in operation, it said today in an announcement.
WuXi NextCODE, a contract genomics organization and a unit under Wuxi AppTec, has closed a US$75 million series B financing co-led by Temasek Holdings and Yunfeng Capital. Other investors, including Amgen Ventures, a corporate venture capital fund established by Amgen Inc., and 3W Partners, a Greater China and cross-border focused private equity firm, also participated in the round. "We are building the world’s leading genomic data platform, applying genome sequencing data at scale to improve human health and wellness around …
WuXi Biologics (Cayman) Inc., a Chinese contract drug manufacturer whose parent company is controlled by a group of leading private equity firms, has seen its share price soar after completing a HK$3.98 billion (US$510 million) initial public offering on the Kong Exchange Stock Exchange.
Singapore’s state investment firm Temasek Holdings has led a RMB400 million(US$59 million) series B round in Hangzhou Just Bioteherapeutics Ltd., a Chinese antibody and recombinant protein bio-therapeutics developer.
Hony Capital, Foxconn Ventures and Temasek Holdings have together invested a total of US$110 million in PCCW OTT, the video and music streaming subsidiary of Hong Kong-based telecommunications and media giant PCCW Ltd, acquiring a stake of around 18%.
Taiwanese electric scooter maker Gogoro has raised a US$300 million series C round from Singapore’s state investment firm Temasek Holdings, London-based Generation Investment Management, Japan’s Sumitomo Corp and French electric utility company Engie.
Singapore’s state investment firm Temasek Holdings, Chinese investment firm Tiantu Capital and Xindahanshi Capital have led a US$72.8 million new funding round in Tongdun Technology, a Chinese fintech start-up specializing in risk control.
Singapore’s Temasek Holdings has led a US$502 million series D round in Magic Leap Inc., a U.S.-based augmented reality start-up.
Beijing-based travel service platform Mafengwo has raised a US$133 million series D round from General Atlantic, Temasek, Chinese private equity firm Ocean Link, Chinese venture capital fund Yuantai Changqing fund, and Houpu Investment Management, a private equity firm founded by former Goldman Sachs China Partner Fang Fenglei.
SolidEnergy Systems Corp., a U.S.-based lithium-metal battery company founded by a group of experts led by a Chinese physics scientist, has raised a US$30 million series C round from unnamed investors.
Singapore’s Temasek Holdings has led a new funding round in Rokid, a Chinese robotics start-up. Investors including Credit Suisse Group, CDIB Capital International, and existing investor IDG Capital also participated in the round, Rokid announced on its Wechat official account. The company did not disclose the amount it raised, but Chinese media reports put the number at US$100 million. Rokid did not immediately respond to China Money Network’s inquiry to confirm the figure. The new round values the company at …
Temasek-backed Fullerton Fund Management has announced that its wholly foreign-owned enterprise Fullerton Investment Management (Shanghai) Co., Ltd., has launched its first private fund in China.