Branded mobile content company TextPride secured USD1 million in seed funding which will be used to launch the company's mobile stickers and emojis to mobile messaging apps.
Deals
Shuaa Capital mulls joint venture partner, loan to bolster growth
Chairman Sheikh Maktoum Hasher Al Maktoum said Shuaa Capital is exploring a joint venture, partial sale or bond as possible avenues to grow the company.
Changyou to acquire majority stake in Raidcall for USD50 million
Online game developer Changyou.com Ltd. announced that it will buy a 62.5% stake in social communication software provider Raidcall for USD50 million. The majority equity interest in Raidcall is currently held by Kalends Inc.
Nomura, Intermediate Capital Group enter joint venture to provide mezzanine debt fund
Japan's Nomura Holdings Inc. and British Intermediate Capital Group Plc agreed to form a joint venture to provide mezzanine debt to be used for acquisitions.
Ziff Davis acquires TechBargains.com
New York-based all-digital media firm Ziff Davis, the publishing arm of Hollywood-based internet services company J2 Global Inc, bought consumer electronics deal aggregating site TechBargains.com for an undisclosed amount.
Latest News
Optical retailer New Look Eyewear Inc will be buying Charlottetown-based eyewear company Vogue Optical Inc for USD74 million to become Canada's third-largest integrated optical product seller.
Resort developer Discovery World Corp dropped as much as 7.6% in its public debut. The IPO was set just barely two weeks after Typhoon Haiyan devastated the central part of the Philippines.
Chinese analytics provider Umeng confirmed its acquisition by e-commerce giant Alibaba for an undisclosed amount, following the rising trend of China-related mobile acquisitions this year.
The purchase of Baton Rouge-based Edgen Group Inc was finally completed by Japan's Sumitomo Corp and Sumitomo Corporation of America in an acquisition deal valued at USD520 million.
YST Dairy chose a lower price for its shares set to debut in Hong Kong on November 26. At HKD 2.70 per share, the pricing gave YST some wiggle room for a pop on its first trading day.
Canadian Vendetta Mining Ltd. announced that it has signed a deal with Pegmont Mines Limited to buy an undivided 100% stake in the Pegmont Lead-Zinc-Silver Property.
Ohio-based tank truck transportation and logistics provider Kenan Advantage Group purchased Canada-based bulk transportation provider RTS-Westcan Group of Cos in an acquisition deal with undisclosed terms.
Dexus Property Group said it will not accept the the AUD 1.27 a share offer from the GPT Group for the Commonwealth Property Office Fund of the Commonwealth Bank of Australia.
California-based live online English school Colingo raised USD2.4 million in a seed funding round led by Atlas Ventures, according to the company's founder, Ben Lowenstein.
