Investors welcomed Yahoo's plans to sell fewer shares when Alibaba goes public. News of Yahoo Inc's plans to retain a larger stake than what it had originally announced was welcomed by the company's investors.
eCommerce
Wayfair hints at another financing round
Wayfair LLC Chief Executive Officer Niraj Shah had disclosed that it would be holding a venture capital round soon.
Wayfair appoints new CFO in midst of IPO preparations
Former Warner Music Group executive Michael Fleisher, who had experienced leading public listings, was appointed by Wayfair LLC as its new chief financial officer.
Bezos seen investing up to USD50 million on Web series like Betas to lure potential shoppers
In the midst of declining traditional TV viewership, Amazon had been seen attracting potential shoppers to watch its original content like Web series "Betas."
Twitter's attrition rate is a challenge for investors
The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
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EBay Inc's fourth quarter earning estimates were in the range of USD0.79 to USD81 per share, lower than analysts' estimates.
China-based Alibaba said it understood the importance of big data in driving its e-commerce business.
Series A funding round for FIELDS raised USD5 million led by ClearVue Partners. The premier online grocery store in Shanghai, FIELDS, with its strong focus on safety, freshness and quality, announced a USD5 million Series A investment round.
In its announcement today, Wonga said it had acquired Germany online payments service BillPay for an undisclosed amount.
According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
In a move to comply with local regulations as well as economic slowdown in China, BBVA would be able to sell off some of its shares in CITIC.
Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.
Private company intelligence firm PrivCo predicted that Alibaba's valuation would be at USD110 billion should the company go public.
Last Wednesday, Tata Docomo unveiled to the public a SAAS based business and office based productivity solution.
