social commerce Archive

Garena, Southeast Asia’s most valuable tech startup, lands additional funding

Garena, the games firm that is Southeast Asia’s most valuable tech startup, has closed additional funding from three new investors. They are SeaTown Holdings International, an affiliate of Singapore sovereign wealth fund Temasek, Indonesia’s GDP Venture, and Mistletoe, a Japan-based fund from Taizo Son, the younger brother of SoftBank CEO Masayoshi Son. The amount raised was not disclosed, and Singapore-headquartered Garena did not reveal a post-money valuation. That last valuation was …