Vietnamese conglomerate Masan Group's The CrownX raises $350m more, valued at $8.2b

Editor’s note: An earlier version of this story mentioned that Temasek had participated in the funding round. The investor has clarified that the investment in CrownX was made by SeaTown, Temasek’s wholly-owned indirect subsidiary. 

The CrownX, an integrated retail platform of Vietnamese conglomerate Masan Group, has closed a $350 million primary investment from global private equity firm TPG, the Abu Dhabi Investment Authority (ADIA), and SeaTown, a wholly-owned indirect subsidiary of Singapore state investor Temasek.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter