Beverly Hills, US-based live entertainment and e-commerce firm Live Nation Entertainment picked up a minority stake in Live Nation Japan for an undisclosed amount to become the latter's full owner.
eCommerce
Bitcoin price drops after China imposes new restrictions
BTC China has halted deposits of local currency from the China Merchants Bank, causing the value of Bitcoin to fall from $500 to below $440, a 10% difference from its value in the past few days.
South Korean content recognition firm Enswers scores $2M in funding from Samsung
Seoul, South Korea-based content recognition tech firm Enswers scored $2 million in a recent funding round from Samsung Ventures to boost its expansion campaign across the US and North America.
Chinese government punishes Sina.com for publishing pornographic content
The Chinese government arrested some people and fined Internet giant Sina.com for publishing and distributing pornographic content on its website as part of China's "Cleaning the Web" campaign which is held every year.
Ohio payments firm 2Checkout closes $60M in first financing to go global
Ohio, US-based Payments-as-a-Service company 2Checkout closed its first funding round at $60 million with Chicago Growth Partners and Trident Capital as the lead investors in a deal that will fuel its global expansion.
Latest News
Yahoo Inc. would still get a hold of Chinese e-commerce giant Alibaba Group Holding Ltd even after the Chinese e-commerce firm launches its public debut this year.
Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
Indian e-commerce marketplace giant SnapDeal snapped up Noida-based fashion products discovery site Doozton for an undisclosed amount to leverage the latter's personalized shopping technology for its own platform.
New York, US-based investment firm TPG Growth committed $100 million in a joint venture with Gurgaon, India-based emerging business market builder Smile Group to help Internet and e-commerce firms expand to India, Africa, and other emerging markets.
Technology-first beauty brand Julep has taken in USD30 million funding, reported TechCrunch. Julep, an Andreessen Horowitz-backed beauty platform, thinks that the beauty market is short of innovation.
Men's shorts manufacturer and retailer Chubbies has received USD4 million investment, reported TechCrunch.
Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
Seattle, US-based e-commerce giant Amazon.com offers unhappy workers between $2,000 to $5,000 to quit their job to maintain a healthy working environment for the company and to encourage employees to pursue what they really want.
Seattle, US-based e-commerce giant Amazon.com acquired New York-based digital comic book distributor ComiXology for an undisclosed amount with plans to expand the newly acquired company.
