Ping An Insurance Group Co has worked with Ctrip.com International to provide smog insurance to visitors traveling to Beijing, Xi'an, Harbin, Chengdu, Guangzhou, Shijiazhuang and Shanghai, Bloomberg reported.
Sectors
California cloud marketing startup Ensighten purchases London tag management firm TagMan
Cupertino, US-based cloud marketing startup Ensighten purchased London, UK-based tag management firm TagMan for an undisclosed sum to gain traction over its bigger rivals in the website marketing sector.
SFX Entertainment adds New York ticketing service Flavorus
American media conglomerate SFX Entertaiment added New York-based electronic music events ticketing service Flavorus for an undisclosed amount as part of its goal to build a new ticketing business model.
Softbank's investment success prompts rivals to invest in startups
SoftBank Corp has made substantial gains on the investments it has made, prompting rivals and other Japanese firms to also invest in Japanese startups, Bloomberg reported.
Ray O'Connor buys mall in Nebraska for $1.8M to turn it into lifestyle center
Property developer Ray O'Connor bought the Grand Island Mall in Nebraska for $1.8 million to turn it into a lifestyle center with the help of St. Louis-based redevelopment firm Staenberg Group Properties.
Latest News
Northern Ireland-based energy investor Tom O'Gorman bought the Blarney Golf Resort in Co Cork for €2.5 million (£2 million) and confirmed that the company will continue operate as usual.
UK-based medical professionals' e-learning network Meducation picked up $1 million in seed capital from the Technology Strategy Board and private investors to help medical students and practitioners gain access to more educational materials.
Social media analytics firm Simply Measured bagged $20 million for its Series C funding round led by Trinity Ventures, a statement about the funding said.
With follow-on investment led by MMC Ventures, the Series A round for UK-based Invenias has now secured $2 million from the $1.5 million it raised in July, TechCrunch reported.
Heyo, software-as-a-service firm that provides a social media marketing tool for small businesses, has raised $2 million for its Series A round, a statement about the funding said.
New York, US-based commercial real estate (CRE) property research platform Reonomy nabbed $3.7 million in its Series A funding round led by SoftBank to simplify the process of gathering CRE data.
ITS Compliance Inc raised $5.75 million in funding from private equity growth investor First Analysis and its long-time partner Argentum, a statement about the funding said.
Norway announced that it is letting its sovereign wealth fund World Wildlife Fund (WWF) lead a major investment in the renewable energy sector of the country to reduce greenhouse gas emissions.
Founders Fund and Andreessen Horowitz led the Series A round of AltSchool, the startup that seeks to provide personalized education to students, which secured $33 million, TechCrunch reported.
