Announced

Temasek to invest $100m in Scommerce.

Synopsis

Temasek, a Singaporean holding company, agreed to invest $100m in Scommerce, a Vietnamese logistics services provider. “Temasek’s long-term partnership and investment will help fast-track the execution of our growth strategy to continually augment our technology and logistics infrastructure, management capacity as well as faster, smarter and more efficient services to meet the increasing demand of our customers,” Luong Duy Hoai, CEO and founder of Scommerce and GHN.

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