The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
eCommerce
Buyout firms to target European retailers to capitalize on low interest rates- Moody's Investors Service
According to Moody's Investors Service, buyout firms would be targeting European retailers to take advantage of low funding costs.
Latin Idea Ventures invests in Linio
Latin Idea Ventures led the USD 50 million financing round of e-commerce platform Linio. Mexico-based venture capital firm Latin Idea Ventures invested in e-commerce startup Linio.
Monroe Capital LLC funds senior credit facility for the acquisition of Gem Shopping Network
Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.
Wedding registry site Zola nabs USD3.25 million in Series A investment
Online wedding registry website Zola received USD3.25 million in funding led by Thrive Capital, with participation from investors including Gilt Groupe founder Kevin Ryan.
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WalMart, Sears, Macy's and other retailers are now doing their best to increase sales for the coming Christmas season.
Walmart decided to offer its holiday deals early in anticipation for holiday shopping season. According to a Reuters reports, retailers in the US faced the shortest holiday in the past few years to prepare for customers' demands.
Circle Internet Financial's USD9 million Series A investment would be the biggest funding received by a digital currency startup.
Multicategory retailer Nomorerack's Series B investment round was led by Oak Investment Partners and HTV Industries.
PayPal's startup initiative might have been the company's way of giving back to its customers as the payment services company's growth continued to climb to astronomical heights.
IfOnly was able to raise USD 12 million from investors in a round led by New Enterprise Associates. San Francisco-based startup IfOnly gathered USD 12 million in capital commitments from various investors.
The amount of USD6 million was raised by Flint Mobile from its capital investors. The market leader in easy swipe free payments and mobile business integration, Flint Mobile, announced the receipt of USD6 million worth of new capital funds during the Street Fight Summit in New York.
Market Track acquired Competitrack from founder Bob Moss for an undisclosed sum. Retail promotion and e-commerce pricing intelligence solutions firm Market Track purchased Competitrack.
Wal-Mart said in its press conference that it would be focusing more on its e-commerce business to curtail effects of China's slowing retail market.
