Yahoo Inc has bought Blink, a mobile messaging startup whose app lets users send messages that will self-destruct at a time set by the sender.
Investors
Flipkart raises $210 million fresh funding from four investors
Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global, it said in a statement on Monday.
South Africa's Telkom takes second shot at IT firm BCX, offers $256 million
South African telecommunications company Telkom (TKGJ.J) made a second stab at buying IT infrastructure firmBusiness Connexion (BCXJ.J) with a 2.7 billion rand ($256 million) offer, seven years after competition concerns scuppered its first bid.
India's Flipkart buys fashion portal as Amazon spurs consolidation
Flipkart, India's largest e-tailer, on Thursday acquired the country's biggest fashion portal Myntra, as Amazon.comInc's rapid expansion in the country stokes consolidation in the e-commerce industry.
Indonesian retailer Mitra Adiperkasa to sell stakes in pizza, burger chain
Indonesian retailer Mitra Adiperkasa said it will sell majority stakes in its Domino's Pizza and Burger King chains to keep its capital to develop its other franchises.
Latest News
SocialRank bags $1 million in seed funding led by Vaizra Investments with other participants Advancit Capital, BOLDstart Ventures, Social Starts, Iowa City Capital Partners, and various angel investors.
Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world's biggest technology company IPO.
Sunday Kenya made an agreement with China to finance 90% of the 609.3 kilometer railway project in Nairobi with cost estimate of SH 327 billion or $3.8 billion.
American billionaire Ronald Lauder through Pan African Investment Company (PIC) funds an undisclosed amount in convertible debt to Kenyan car manufacturing startup Mobius to produce Africa's cheapest car.
Chase Pharmaceuticals Corporation raises $21 million in a Series B financing round led by New Rhein Healthcare Investors, LLC.
The Florida Venture Forum will host its seventh annual Early Stage Conference May 15 together with the 4th Annual Statewide Collegiate Business Plan Competition in Florida attended by 20 choice ventures positioned for equity financing.
Singapore-based asset manager Dymon Asia Capital has received a commitment worth $500 million from Temasek Holdings to start a hedge fund seeding venture at a time the Asian industry is starting to recover after six years of sluggish growth.
Edison Ventures announces the acquisition of Andera Inc. for 44.5 million by Bottomline Technologies today. Charlie Kroll, Founder and CEO at Andera Inc. comments:
iZettle, Swedish mobile company, pockets $55.5 million in a series C round led by Zouk Capital with other participants such as Dawn Capital, Intel Capital, Creandum, Greylock, Index, Northzone, and SEB.
