Arizona, US-based Internet domain registrar and web hosting service GoDaddy Group Inc is preparing for an initial public offering (IPO) less than three years after it was sold for $2.25 billion, according to sources familiar with the situation.
Sectors
Maruti Suzuki India Ltd to get minority stakeholders' approval for proposed car factory of parent firm
Maruti Suzuki India Ltd said it will be asking its minority stakeholders to approve the plan of parent firm Suzuki Motor to build a car plant in Gujarat, Bloomberg reported.
Pohamba calls on foreign firms to invest in Namibia's infrastructure development
During the inauguration of the Keemanshoop Old Mutual Retail Centre yesterday, Namibia President Hifikepunye Pohamba called on foreign firms to invest in the country's infrastructure development to help the improve its economy.
Alibaba Group said to hold US IPO in third quarter this year
China-based e-commerce firm Alibaba Group plans to hold a US listing in the third quarter of this year, according to a sources interviewed by Reuters.
US mobile data revenue to surpass $100B mark in 2014
A report from Chetan Sharma Consulting said the US will exceed the $100 billion mark in mobile data revenue this year to be followed by China and Japan, VentureBeat reported.
Latest News
San Francisco, US-based startup studio Expa, which was created by Uber founder Garrett Camp, raised $50 million in funding from big-time investors to provide seed funding for startups.
Joseph Lau, the Hong Kong billionaire tycoon Chairman and CEO of Chinese Estates Holdings, was sentenced to five years in jail for bribery and money laundering, Reuters reported.
Japan-based Transcosmos Inc led the $10 million funding round for Singapore-based online beauty products platform Luxola Pte Ltd, a statement about the investment said.
Washington, US-based private equity firm Emerging Capital Partners (ECP) is acquiring a 33% interest in Algeria-based PepsiCo Inc bottler Atlas Bottling Corp for an undisclosed amount as part of an expansion plan.
The Board of Directors of Salesforce.com now has its 11th member in the person of General Colin Powell, a highly-accomplished four-star general in the US Army, TechCrunch reported.
Social media tracking and analysis firm Synthesio bagged a $20 million Series B round from European private equity firm Idinvest Partners, a statement about the funding said.
Secret, the widely-popular anonymous social sharing app, has obtained $8.6 million in its Series A funding round from a sizable number of investors, TechCrunch reported.
Dhaka-based online grocery site ChalDal secured an undisclosed seed investment round from 500 Startups. This is the first investment in Bangladesh of the California-based accelerator, TechCrunch reported.
Belfast, Ireland-based analytics and big data firm Analytics Engines secured $1.6 million (£1 million) in a funding round led by Crescent Capital to develop its software accelerating platform and widen its market reach.
