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Fresh competition from the likes of Apple, Amazon and PayPal hasn't fazed Square investors, who have injected another $150 million into the mobile payments company, giving it a valuation of around $6 billion, according to a report.
The latest round was led by a new investor, the Government of Singapore Investment Corporation, according to The New York Times . The latest round brings the total investment in Square to $590 million.
The investment puts Square's valuation in line with other eye-popping estimates of late, including a $17 billion valuation for Uber, $5 billion for Pinterest and $6 billion for Spotify Read more...
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