KKBOX, a music streaming service based in Taiwan, has raised $104 million from Singapore GIC with participation from KDDI (Japan’s second-largest telecommunications company), HTC, and Taiwan’s Chunghwa Telecom.
KKBOX offers music streaming services to 10 million users in six Asian markets including Taiwan, Japan, Hong Kong, and Singapore.
Founded in 2005, KKBOX will put the new funds toward developing platform technology and continuing expansion into overseas markets.
Jarrett Neil Ridlinghafer
Founder & CEO/CTO
Synapse Synergy Group, Inc.