Demographics, Tech And Sustainability Are Key Trends For Swfs To Watch: White Paper, Companies & Markets News & Top Stories - The Straits Times
February 22, 2019 12:27 PMSINGAPORE - Shifting demographics, the rise in technology and the increasing focus on sustainability are key macro trends that sovereign wealth funds (SWFs) should incorporate in their investment framework, according to a white paper co-authored by UBS and Swiss business university IMD.
Vynn Capital Snags Investment From Malaysia's Mavcap For Its Maiden Southeast Asia Fund - Techcrunch
Vynn Capital, a new entrant to Southeast Asia's startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAVCAP) as one of its anchor LPs. Founded by former Gobi Ventures VC Victor Chua and Singaporean investor Darren Chua (no relation) one year ago, [...]
HF earnings call for the period ending December 31, 2018.: Good evening, and welcome to HFF Incorporation Fourth Quarter 2018 Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. As a reminder, this conference call is being recorded. I would like to turn the call over to your host, Ms. Myra Moren, HFF Director of Investors Relations. Ms. Moren, please go ahead.
Deep Value Property Fund has been established with two superannuation funds. : Charter Hall Group has launched a new diversified wholesale fund in partnership with two Australian superannuation funds. David Harrison, Charter Hall group CEO said the Deep Value Property Fund (DVP) has been seeded with assets totalling AUD113m (EUR71m). These assets included a 50.5% interest in the Queen Street Mall asset known as No. 1 Brisbane, which the group acquired last September for AUD94m. Harrison said DVP had a total additional capacity of AUD500m, and that the fund was targeting an internal rate of return of 15% after gearing.
In the last month, a pair of food delivery startups were battling complaints about their tipping policies. Customers and workers chastised the companies for unfairly using tips to subsidize worker pay. As the furor grew, one of the companies, Instacart Inc., changed its compensation policies to match some of workers' demands. Meanwhile, the other company, DoorDash Inc., stood firm. It still uses tips from customers to offset some of the minimum payment that a worker gets for each delivery job, in which "Dashers" travel to restaurants or stores and bring food to customers. That decision apparently hasn't harmed DoorDash's reputation in the eyes of investors.
In late February, the Korea Investment Corporation (KIC) inked an agreement to manage some of Korea Post's global assets. KIC also seeks to provide investment training and research to Korea Post. "As part of effort for Korea Post to allocate part of global investment assets to KIC, both agencies agreed to discuss details during the [...]
The on-demand delivery company aims to reach every ZIP code in America before its competitors. : The food delivery wars are here, and the weapon of choice is money. DoorDash, an on-demand delivery app, raised a fresh $400 million from venture capital investors, the start-up said Thursday. The financing round values the company at $7.1 billion, and adds to the start-up's already towering cash pile. Last year, DoorDash raised $785 million from investors. DoorDash's main competitors, Postmates and Uber, the parent company of Uber Eats, are preparing to go public.
The $7.1 billion valuation is up from $1.4 billion less than a year ago. The post DoorDash valued at $7.1b after latest round led by Dragoneer, Temasek appeared first on DealStreetAsia.
Delivery company DoorDash is announcing that it has raised $400 million in Series F financing. Earlier this month, The Wall Street Journal reported that the company was looking to raise $500 million at a valuation of $6 billion or more. In fact, DoorDash now says the funding came at a $7.1 billion valuation. The round [...]
SAN FRANCISCO--(BUSINESS WIRE)--Today, DoorDash announced that it raised $400 million in Series F financing at a $7.1 billion valuation co-led by Temasek and Dragoneer Investment Group with participation from existing investors Softbank Vision Fund, DST Global, Coatue Management, GIC, Sequoia Capital, and Y Combinator. The investment will enable DoorDash to further accelerate its incredible momentum--increasing its growth rate from over 250 percent year-over-year at the time of the company's las.