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Temasek adds stakes in Robinhood, other consumer-focused companies


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Temasek adds stakes in Robinhood, other consumer-focused companies

By David Randall - Yesterday 12:20 AM
© Reuters/Edgar SuFILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore

NEW YORK (Reuters) - Singapore state investor Temasek Holdings added new positions in a number of consumer-focused companies during the quarter that ended Dec. 31, including ride-hailing and food delivery company Grab Holdings Ltd, brokerage firm Robinhood Markets Inc and fashion company Rent the Runway Inc, according to securities filings released Monday. 

The fund, which had a value of $278.81 billion as of March, also added a position in restaurant payment company Toast Inc and sports betting company Draft Kings Inc. 

At the same time, the fund sold all its shares in Uber Technologies Inc, Coinbase Global Inc and Tencent Music Entertainment Group. 

The fund is working with its portfolio companies to help them become more green as it focuses more on sustainability, the firm's chief sustainability officer said at the Reuters Next conference in December. [L1N2SN0R9]

(Reporting by David Randall; Editing by Bernadette Baum)

https://www.msn.com/en-us/money/companies/temasek-adds-stakes-in-robinhood-other-consumer-focused-companies/ar-AATQa1m

 
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16 hours ago, Bigbird said:

@socrates469bc

 

This is what strategy???

 

16 hours ago, Bigbird said:

@socrates469bc

 

This is what strategy???

 

4 hours ago, XianGe said:

Buy high sell low?

 

temashimaya is employing a strategy called son-san con strategy whereby a low margin biz is packaged as a so-called high tech new economy biz to sell to the next kgk.

 

Towkay me employ a very simple strategy called if cheap enough then limpeh buy.

 

so limpeh me buy this stock cheap in second quarter last yr.

 

wahahahahahahahahaha

 

F34 Stock Price and Chart — SGX:F34 — TradingView

 

 

 

 

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On 2/22/2022 at 10:33 PM, socrates469bc said:

 

limpeh ask how much bird didi spent on grab and how much spent on intel/amd in the past 3 yrs??????

 

so bird didi think grab can survive and give u dividend buy birdseeds mah?????

 

wahahahahahahah

 

I no pay for transport (Grab or cab).  Boss pay! 

 

I no pay for Intel, Boss pay!  

 

Work tools all must come for Boss!  

 

Yah Bird Seeds getting more ex liao!   Must eat Liu-lian.... perhaps! :hmm:

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