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Home>GIC Buys in to Music-Streaming Company KKBOX

GIC Buys in to Music-Streaming Company KKBOX

3party Content

Thu, 28 Aug 2014

SINGAPORE--Singapore's sovereign wealth fund GIC Pte. Ltd. has spent US$104 million for an undisclosed stake in music-streaming service KKBOX. Taiwan-based KKBOX streams music to Japan, Hong Kong, Thailand, Taiwan and other countries in Asia. It claims 10 million users. It will use the money to
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