eucommissioned 65b 95bleprinceringuetzdnet | singapore based online shopping rewards app shopback adds 80m to its series f from temaseks 65 equity making the round 160m source says at a 1b valuation olivia poh bloomberg

Singapore-based online shopping rewards app ShopBack raised $80M from Temasek’s 65 Equity, bringing its Series F to $160M, a source says at a ~$1B valuation  —

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ShopBack, an online shopping rewards app backed by Singapore’s Temasek Holdings Pte, raised $80 million from the state investment …

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• Online shopping rewards app valued at close to $1 billion
• Round brings total raised by ShopBack to over $310 million

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ShopBack, an online shopping rewards app backed by Singapore’s Temasek Holdings Pte, raised $80 million from the state investment giant’s late stage fund as it works toward going public.

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Temasek’s 65 Equity Partners Holdings Pte will join the Singapore-based startup’s extended Series F round, ShopBack said in a statement on Monday. The round brings the total capital raised by ShopBack to more than $310 million.

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