31 Mar '16, 7am

Singapore’s Garena raises new funds, valuing it at $3.75 billion https://t.co/vm8eDym0cy

Singapore’s Garena raises new funds, valuing it at $3.75 billion https://t.co/vm8eDym0cy

Garena has now raised more than $500 million, including a round of fundraising in March 2015 that valued the firm at more than $2.5 billion, the person said. The company didn’t disclose other investors in the new round. Earlier investors include the Ontario Teachers’ Pension Plan, one of Canada’s biggest pension funds, and U.S.-based private-equity fund General Atlantic LLC, though neither participated in the new round.

Full article: http://www.wsj.com/articles/singapores-garena-raises-new-...

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