Investors
Alibaba looks to NY listing after HK IPO talks fail with regulators - report
A Reuters report cited two company sources who said Alibaba Group Holding Ltd would be going for a New York listing as plans for a Hong Kong initial public offering failed.
New York Life acquires Dexia Asset Management
The largest US life insurer New York Life Insurance Co purchases Dexia Asset Management. The largest US life insurer owned by policyholders, New York Life Insurance Co had entered into an agreement to acquire a Dexia SA unit worth EUR380 million or USD512 million.
Alibaba buys Kanbox, China's Dropbox
Chinese e-commerce giant Alibaba Group recently acquired similar Dropbox service Kanbox for an undisclosed amount.
Prosper Marketplace gets USD25 million and Blackrock backing in new funding round
California-based peer-to-peer lending company Prosper Marketplace disclosed that it had received USD25 million in funding from investors including Sequoia Capital and BlackRock, Inc.