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Hillhouse Capital

M&A

GIC, Tencent in talks to form consortium for Universal Music Group stake

(Nov 18): Tencent Holdings is in talks with potential co-investors for its proposed bid for a minority stake in Universal Music Group from Vivendi SA, according to people with knowledge of the matter.

M&A

Global Logistic Properties receives $3.38/share offer from Hopu-Hillhouse consortium; values company at $16 bil

SINGAPORE (July 14): Shares of Global Logistic Properties closed 22% higher at $3.29 on Friday on volume of 153.6 million.

Startups, Entrepreneurs, Digital economy

Temasek joins China’s Mobike as new strategic investor

SINGAPORE (Feb 20): Mobike has received new strategic investment from state-owned investment holding firm Temasek, in addition to that of existing investor Hillhouse Capital, a China investment firm.

Sale of GLP heats up with offers

SINGAPORE (Feb 3): Interest in Singapore-listed Global Logistic Properties heated up on Friday with the warehouse and distribution centre operator revealing it had received several bids, including some involving its own senior management.
Mobike co-founder and president Hu Weiwei

Startups, Entrepreneurs, Digital economy

China’s Mobike eyes Singapore launch after raising $309 mil in Tencent-led funding

SINGAPORE (Jan 5): China’s bike-sharing start-up Mobike announced it will be launching in Singapore in 2017, following the close of its US$215 million ($309 million) Series D financing round on Thursday.
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