Investors
Endurance Circle Network merges with UK peer-based lending Funding Circle
US-based Web lender Endurance Lending Network had consolidated with UK-based lender Funding Circle. Funding Circle, of which its platform allows peer-to-peer lending, had announced itds consolidation with Endurance Lending Network of San Francisco.
Funding Circle raises USD37 million in Series C funding
A total of USD37 million was raised by UK lender Funding Circle from investors led by Accel Partners.
Pinterest value at USD3.8 billion after massive Series E financing round
Investors including FirstMark Capital, Valiant Capital Management, Andreessen Horowitz had provided Pinterest a total of USD225 million in the latter's recent financing round.
Wal-Mart reveals 2016 China e-commerce plans
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.