Temasek, Foxconn, Hony inject $110m in HK-based PCCW's internet media biz

Hong Kong-based PCCW Group’s multimedia and entertainment business PCCW Media has added Singapore’s heavyweight investor Temasek, Chinese private equity firm Hony Capital and Taiwanese electronic manufacturer Foxconn Ventures among its backers with the three pooling in $110 million in the firm’s over-the-top (OTT) internet media and entertainment business.