India-based LimeRoad, an online ecommerce company, lands a $15 million Series B funding round led by Tiger Global on Tuesday. Other participants include Lightspeed Venture Partners and Matrix Partners India.
eCommerce
Alibaba names partnership members in new IPO prospectus
Chinese e-commerce giant Alibaba Group Holding [IPO-ALIB.N] revealed the members of its 28-person partnership in its updated initial public offering prospectus on Monday.
Amazon offers limited streaming music service with Prime
Amazon.com Inc (AMZN.O) launched a streaming music service on Thursday that comes free with its $99-a-year Prime membership program, but offers a smaller selection of recent hits than rivals Spotify and Apple Inc's (AAPL.O) Beats Music.
Alibaba to launch U.S e-commerce website on Wednesday: reports
Chinese e-commerce company Alibaba Group Holding Ltd is launching its first U.S. direct-to-consumer online shop on Wednesday, the Financial Times and other media reported.
Alibaba buys half of Chinese soccer club for $192 million
In a speedy deal hatched over a few drinks, China's biggest e-commerce company Alibaba is buying half of the country's most successful soccer club Guangzhou Evergrande for $192 million.
Latest News
San Jose, US-based payments giant PayPal fired Rakesh "Rocky" Agrawal as its vice president (VP) of strategy this weekend after releasing some insulting words about his colleagues on the social network Twitter.
Rangespan was acquired by Google which was a third for the latter to buy a company based in the U with the terms of the deal left unrevelead.
Cambridge, Massachusetts-based e-book deals service BookBub scored $3.8 million in its first funding round led by NextView Ventures and Founder Collective to expand its workforce and services and tap into international markets.
E-commerce website Farfetch.com has received $66 million Series D investment led by Vitruvian, Conde Nast International, Richard Chen from Ceyuan and Advent Ventures.
DollarPhotoClub announced yesterday their plans to move into 13 new markets like Italy and Poland with over 11,000 subscribers.
American and Canadian Bitcoin traders and investors have agreed to settle the class-action lawsuits they have filed against the bankrupt Tokyo, Japan-based Bitcoin exchange Mt Gox in return for a 16.5% stake in the firm.
London, UK-based venture capital firm Amadeus Capital picked up an undisclosed stake in Sao Paulo, Brazil-based online insurance broker Bidu.com for $4.5 million to take advantage of the growth in emerging markets.
Bridal marketplace Lover.ly has received $2.5 million Series B investment round which would soon be held officially closed after it has taken a few more investment, said sources.
Los Gatos, US-based e-commerce startup Wanderful Media raised $14.5 million in its fourth funding round from different media companies to launch a mobile app called Find & Save that aggregates local sales deals.
