GIC Archives - Inside Retail Asia
Asian deals dominated global retail acquisitions in September according to a database compiled by GlobalData.
A GIC-led investment group has purchased a minority shareholding in a Vingroup JSC retail business for US$500 million.
Singapore’s sovereign wealth fund GIC is partnering with Indian property developer DLF to construct India’s largest shopping mall.
Arch Capital Property Advisors has bought a Taiwanese shopping mall for US$450 million.
Fast-growing Chinese cafe chain Luckin Coffee has raised US$200 million in its latest funding round.
Fast-growing Chinese coffee chain Luckin Coffee is seeking a new round of funding which would value it at US$1.5–2 billion.
Nine-month-old Luckin Coffee has raised US$200 million to fund expansion, valuing it at $1 billion.
Singapore’s GIC has injected KW100 billion (US$91 million) into Korean retail major E-Land Group.
GIC has invested S$192.4 million in Seoul’s G-Square City Retail Complex.
Alibaba is seeking to acquire Indian online marketplace ShopClues, valued at more than US$1 billion.
Japan’s SoftBank Group is selling $8.9 billion worth of shares in China’s Alibaba Group Holding.
Singapore’s sovereign wealth fund GIC and Korean department store Shinsegae are partnering to develop a new Incheon mall.