UPDATE 1-Indonesia's Bukalapak gets investment from S.Korea's Shinhan, says valuation $2.5 bln [Reuters (UK)]
Shinhan Financial Group Co Ltd American Depositary Shares (SHG)
US:NYSE Investor Relations:
shinhangroup.co.kr/en/invest/main.jsp
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Source: Reuters
Indonesia's Bukalapak gets investment from South Korea's Shinhan, says valuation $2.5 billion - Reuters 2 Min Read 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. Other participants in Bukalapak’s closing Series F fundraising included Indonesian media conglomerate Emtek, a long-time backer, the e-commerce firm said in a statement. Bukalapak, whose other backers include Singapore sovereign wealth fund GIC Pte Ltd and China’s Ant Financial, raised $50 million in a previous fundraising round in January from South Korean firms led by Mirae Asset Daewoo Co Ltd and internet portal Naver Corp. Surging smartphone use and rising middle-class income in a country of 260 million people have made
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News
- Shinhan Financial Group files its FY2023 Form 20-F to the SECPR Newswire
- EQT AB (publ) Q1 Announcement 2024 [Yahoo! Finance]Yahoo! Finance
- Shinhan Financial Group Co., Ltd. (NYSE: SHG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Rupee Drops to Record Low as Dollar Strength Weighs on Sentiment [BNN Bloomberg (Canada)]BNN Bloomberg
- Is Shinhan Financial Group Co (SHG) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
SHG
Sec Filings
- 4/19/24 - Form 6-K
- 4/18/24 - Form 20-F
- 4/18/24 - Form 6-K
- SHG's page on the SEC website