Temasek Archives - Inside Retail Singapore
Singapore’s Temasek Holdings is reportedly looking to quit its stake in Hong Kong-headquartered beauty products retailer AS Watson.
IPOs are on the menu for two restaurant groups in Singapore, including RE&S Holdings from Japan.
Ace Turtle has partnered with Ninja Van for last-mile delivery for international brands in Malaysia and Singapore.
Retail revenue was flat for the first six months for CK Hutchison, the parent of AS Watson Group.
Temasek is set to acquire a 30 per cent equity interest in Italian fashion retailer Stone Island.
Alibaba Group’s share in Lazada has reached about 83 per cent after the e-commerce giant bought out all but one other investor.
E-commerce giant JD.com has made its largest overseas investment ever, in online marketplace Farfetch fashion.
Israeli retail image-recognition platform Trax has secured US$40 million in Series C funding from its shareholders.
Southeast Asian economies are at a stage similar to China’s when eCommerce began to take off, says Alibaba Group executive Joseph Tsai.
Singapore’s Temasek has joined IDG Capital Partners and Eurazeo as new investors in a US$110 million investment round in fashion website Farfetch.
Two Singapore companies will invest nearly US$1 billion to fund Switzerland’s Dufry takeover bid for rival World Duty Free, creating the largest global duty free operator.