Singapore Sovereign Wealth Centers on Asian Music Streamer

Posted on 08/28/2014


Singapore’s GIC Private Limited has invested US$ 104 million in an Asian provider of music streaming services. Founded in 2004 by Taiwanese software programmers, KKBOX has access to consumer markets in Taiwan, Japan, Hong Kong, Singapore, Malaysia and Thailand. Other key shareholders in KKBOX include: Japanese telecommunication firm KDDI Corporation, Taiwan-based smartphone maker HTC Corporation […]

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