S Korean retailer Shinsegae invests in ride-hailing giant Grab
February 18, 2021
South Korean retailer Shinsegae Group has invested an undisclosed amount in Southeast Asian ride-hailing superapp Grab, according to multiple local reports.
The funding has been reportedly routed through the retailer’s newly formed corporate venture arm Signet Partners, which has also invested in companies like the US-based fashion brand Entireworld, and fashion tech firm Ably Corporation in its home market.
According to The Korea Herald, it is Grab’s wide reach in Southeast Asia that caught the fancy of Shinsegae. The retailer continues to spot significant opportunities in the ride-hailer’s mobile platform adoption.
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ST. LOUIS, Jan. 14, 2021 /PRNewswire/ Gershman Investment Corp. Denver is pleased to welcome two new team members with affordable housing expertise: (Adam Kopp and Amanda Musgrave)
Adam Kopp
Amanda Musgrave
Adam Kopp has extensive experience in affordable housing and finance, he previously led the Mercy Community Capital division of Mercy Housing (one of the nation s largest affordable housing organizations.) Mr. Kopp has his Master of Science in Real Estate and Construction Management from the Daniels College of Business, University of Denver. Mr. Kopp will be joining the team of Michael Thomas, a Managing Director in the Denver office, and (2018-2019) Co-Chair of the Housing Colorado Annual Conference.