Shinhan

Indonesia’s Bukalapak gets investment from South Korea’s Shinhan, says valuation $2.5 billion

JAKARTA (Reuters) – Indonesian e-commerce firm Bukalapak on Friday said South Korea’s Shinhan Financial Group Co Ltd joined its latest fundraising round that valued the startup at over $2.5 billion. Bukalapak did not disclose the amount it will receive through Shinhan’s investment banking unit Shinhan GIB, nor the size of the stake Shinhan would gain. …

Indonesia’s Bukalapak gets investment from South Korea’s Shinhan, says valuation $2.5 billion Read More »

Shinhan Bank benefits from ‘Park Hang-seo’ fever in Vietnam

The Vietnamese football team’s latest victory in the regional finals under South Korean coach Park Hang-seo has helped South Korean companies. A leading beneficiary was Shinhan Bank, which appointed Park as honorary ambassador earlier this year, seeking to expand its overseas business in the Southeast Asian state. The Vietnamese team defeated Malaysia in the ASEAN …

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