It is reported that DST Global 2nd has invested in Groupon, the Groupon group, in January this year. In addition, the Fund has been involved in the latest round of 100 million dollars of financing from Spotify, the network music provider. DST Global 2nd invested $50 million in the round, gaining a 5% stake in Spotify. Back in February this year, it was revealed that DST was planning to lead a new round of financing for Spotify.
Some sources say that DST has also joined some other investors, the Chinese network retailer Jingdong Mall investment hundreds of millions of of dollars. Another reported that the capital Mall has secured 1 billion of billions of dollars in financing, the company plans to conduct its IPO in 2013. The current trajectory of Jingdong mall is indeed very similar to DST's investment targets.
It is noteworthy that DST Global 2nd has introduced international investors as its limited partner.
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