Slouchy zip hoodie maker American Giant collected USD3.6 million in a recent USD2.5 million funding round, raising over USD1 million than what the company expected.
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Herbalife rallies on stock exchange despite Ackman's pyramid scheme charges
Investors showed support in nutrition company Herbalife International on the stock exchange on Friday despite another attack from activist investor Bill Ackman of hedge fund Pershing Square Capital Management.
Niche raises USD 550k to help marketers work with popular users on social media
Niche, a startup that helps connects brands with social media celebrities has announced that it has successfully raised USD 550k in funding and at the same time, have finally opened their website to the public.
Sift successfully raises USD 2 million for its personalized shopping app, now on the iPhone
Sift successfully raises USD 2 million in seed funding for its personalized shopping app and at the same time, releases its iPhone app. Funding is led by DN Capital and from its previous investors.
Paulson will not increase his gold bet - source
Gold might not have been a great investment, which was evident in a Reuters report about John Paulson not making any additional investments on buillion as his PFR Gold Fund lost 63% this year so far.
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Hong Kong-based tech startup Multichannel raised USD3 million in a seed round from angel investors in Asia and Europe to be used for the improvement of the company's marketing spend tracker.
A recent survey by analytics company Worthworm found that 46% of Angel investors regretted the investments they made in 2013 because of overly optimistic financial projection and unrealistic pre-money valuations.
Italian bank UniCredit said on Thursday that it may consider selling its indirect stake in professional football team Associazione Sportiva (AS) Roma, although no decision had yet been made.
Hutchison Whampoa Property, a subsidiary of Li Ka-shing controlled Hutchison Whampoa Ltd, sold a Victoria Peak house for USD 740 million to an unnamed buyer.
US-based private equity fund Exhilway Global has closed USD200 million for its mines and minerals private equity fund that will operate in Indonesia, Turkey, and Kazakhstan.
Billionaire and IAC/InterActiveCorp Chairman Barry Diller said Aereo Inc may get as much as 35% of US households to use its service once it overcomes the lawsuits filed against it by broadcasters.
A Business Standard report said impact investors and social entrepreneurs in India are now concentrating their investments on the urban poor market. These social ventures have been steadily gaining ground with investors providing seed and early stage capital.
Massachussetts-based TV advertising platform Clypd raised USD7.2 million in Series A-1 funding from Atlas Ventures, Freestyle Capital, Boston Seed Capital, and angel investors John Battelle and Brightcove.
An annual Citibank survey found that Hongkongers' interest in purchasing property dropped more than 10% year-on-year and that the average quarterly property transactions fell by 40%.
