Subs and Streaming, Temasek Invests in PCCW Media

Posted on 08/10/2017


Sovereign funds, like other venture capital funds, are placing bets on Asian media subscription companies. Hong Kong-based PCCW Media, a multimedia and entertainment company, raised US$ 110 million in a funding round for an 18% stake. Investors in this round include FoxConn Ventures, Temasek Holdings and Hony Capital. This fundraise comes after iflix, a Malaysian […]