08.05.2014 - Singapore's GIC leads $170 mln investment in Brazil's Netshoes
Brazilian online sports goods retailer Netshoes has received a new round of $170 million investment led by Singapore's sovereign wealth fund GIC. Other investors include Tiger Global Management, Singapore state investor Temasek Holdings, Iconiq Capital and Kaszek Ventures, GIC said in a statement. Netshoes is the largest pure play e-commerce company for sporting goods in the world with a presence in Brazil, Argentina, and Mexico, GIC said...............................................Full Article: Source
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