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Temasek

Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

by Anas Siddiqui
Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

Mainland Chinese brands have been the most aggressive non-local entrants into the Hong Kong retail market so far this year, as lower rents entice popular chains – especially sellers of …

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Fintech start-up rides AI surge to bring ‘inclusive’ finance to underbanked markets

by Anas Siddiqui
Fintech start-up rides AI surge to bring ‘inclusive’ finance to underbanked markets

A start-up is trying to catch the artificial intelligence (AI) surge to bring financial services to the underbanked population in developing markets. Meet Surfin-Meta, a Singapore-based fintech company that is …

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Temasek, Fidelity buy $200M stake in Lenskart at $5B valuation

by Edgar Davis
Temasek, Fidelity buy 0M stake in Lenskart at B valuation

Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear retailer Lenskart, according to a statement by the startup’s financial advisor, Avendus.  The transaction values Lenskart at $5 …

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Saudi Arabia’s PIF, Michael Burry’s Scion ride the rally in Chinese stocks as they boost stakes in Alibaba and JD.com

by Anas Siddiqui
Saudi Arabia’s PIF, Michael Burry’s Scion ride the rally in Chinese stocks as they boost stakes in Alibaba and JD.com

Some heavyweight global investors may have timed their purchase of Chinese blue chips to perfection in the first quarter as the stock market gained momentum, while others may have missed …

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Bridgewater continues to cut US-listed Chinese stocks as Singapore’s Temasek, Saudi’s PIF stay the course for market turnaround

by Anas Siddiqui
Bridgewater continues to cut US-listed Chinese stocks as Singapore’s Temasek, Saudi’s PIF stay the course for market turnaround

Bridgewater, the world’s biggest hedge fund with US$197 billion of assets, held US-listed depositary shares in 18 Chinese companies valued at US$578 million on December 31, compared with holdings in …

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Saudi Arabia’s Public Investment Fund outpaces Singapore’s GIC with US$31.6 billion splurge in 2023

by Anas Siddiqui
Saudi Arabia’s Public Investment Fund outpaces Singapore’s GIC with US.6 billion splurge in 2023

Saudi Arabia’s Public Investment Fund (PIF) emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC and Temasek Holdings …

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ShareChat faces large valuation cut in new funding

by Edgar Davis
ShareChat faces large valuation cut in new funding

ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with …

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The ‘Steel Curtain’ Won’t Stop Electra’s Pursuit Of Decarbonization

by Anas Siddiqui
The ‘Steel Curtain’ Won’t Stop Electra’s Pursuit Of Decarbonization

Electra’s Co-Founders Sandeep Nijhawan and Quoc Pham Electra Most enterprises run into the ‘Steel Curtain’ when they try to decarbonize steel. But Electra sees a way around the impenetrable fortress …

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