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Alibaba Group Holding Ltd unit to buy Chinese department store operator Intime Retail Group Co

Alibaba Group Holding, through its unit, will be buying a stake and subscribing to convertible bond shares in Intime Retail Group Co, a department store operator, Bloomberg reported.


Ohio firm 3DKitBash launches Kickstarter campaign for 3D skull printing kit

Ohio, US-based 3D building company 3DKitBash launched a crowdfunding campaign via Kickstarter to raise $500 for a new 3D object files kit that lets users print skulls on their 3D printer.

BlackRock adds list to investors in warning of environmental dangers to Great Barrier Reef ecosystem

BlackRock, the world's biggest fund manager, has joined the growing list of investors that have warned against the risks faced by the Great Barrier Reef, Bloomberg News reported.

Canadian firm Vertical Designs acquires 10pct stake in Affinor

British Columbia, Canadian vertical farming firm Vertical Designs Ltd acquired a 10% stake in marijuana industry-focused publicly traded firm Affinor Resources for an undisclosed amount.


Latest News

Britain-based AstraZeneca has formed a flagship deal with Medical Research Council or MRC to hopefully help the drugmaker revive research on new drugs, Reuters reported.
Chennai, India-based non-banking finance firm IFMR Capital bagged $29 million in funding from specialist investor LeapFrog Investment's second investment fund for its product and service expansion.
Bizzby, a London, UK-based on-demand services marketplace for cleaners, plumbers, electricians, and other tradespeople, raised $10 million in funding from an undisclosed US-based hedge fund.
London, UK-based content marketplace ScreenHits pocketed $1.2 million in an angel round from Rory Fleming, Lord Reay, Flemming Lund, and other high net worth individuals to build its product and audience.
Indonesia-born and New York, US-based fashion startup Project Shoe lets women personally customize their shoes using its e-commerce platform and have the order shipped anywhere for free.
American e-commerce giant Amazon.com rumors that it was planning to launch a free and ad-supported TV and music streaming service, after rumors about the supposed free service spread ahead of a scheduled New York conference.
Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it down later.
BlackBerry's new chief John Chen revealed that its messaging app BBM now has 85 million monthly active users and a steady growth in its user base after the app was released to the Android and iOS platform in October.
Specialty teas maker Capital Teas secured $5 million for its Series A funding round from Pear Tree Partners, a statement about the funding said.
French cross-device tracking and advertising startup Tapvalue nabbed $2.2 million (€1.6 million) in a venture round led by an unnamed venture capitalist and some angels to support its international growth and product development.
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