Temasek participates in Airbnb's $1.5bn round

Temasek participates in Airbnb's $1.5bn round

Airbnb office in San Francisco. Credit: Flickr/Effie Yang

Singapore’s sovereign wealth fund (SWF) Temasek Holdings has participated in home-rental service Airbnb Inc’s latest venture round, in which it raised $1.5 billion from 12 private equity firms. The deal values Airbnb at $25.5 billion, according to the report from the Wall Street Journal.

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