One third of the buyers on Alibaba.com are US businesses, the company notes, priming it for US sellers to reach more customers domestically and around the world.
Hudson's Bay Co., the flagging parent of Saks Fifth Avenue, has a suitor countering a proposed insider buyout led by the company's chairman. Private equity firm Catalyst Capital Group Inc. is offering to buy up to C$150 million ($114 million) worth of shares of Hudson's as it builds a stake in the Canadian retailer. The Toronto-based firm said in a statement Monday it was prepared to pay C$10.11 per share in cash for up to roughly 14.8 million common shares.
SAN FRANCISCO, CA, CircleCI, the leading platform for software innovation at scale, today announced it has successfully closed $56 million in Series D funding.
Greece's recently-elected government wants a stalled gold mine investment by Canada's Eldorado to be revived, its energy minister said on Tuesday after meeting company executives. Vancouver-based Eldorado has two operating mines and two development pr...
San Francisco-based Mixhalo, which provides a real-time audio platform for use at live events, has raised $10.7 million in a Series A funding round led by the Foundry Group. Other investors in the round included [...]
Google's Nest Adds To Its Partnerships Focused On The Power Grid With New Leap Agreement - Techcrunch
Google's smart home device business, Nest, is increasing its ties to the utility industry by adding another partner to bring its smart thermostats into homes to reduce energy consumption and provide that unused power back to utilities in times of peak power demand. Last year the company inked an agreement with OhmConnect, and it has [...]
China's corporations are rising in the global economy, matching the US. : According to this year's list of Fortune Global 500 Companies, 119 companies made it the list, roughly on par with the US, which had 121 companies in the list; three companies made to the top ten, beating the US and Japan--Table 1. The rise of large companies in the Chinese economy has been one of the key factors that have helped the country achieve sustainable growth, ahead of other emerging economies--Table 2.
Indonesia is trying to lure some of the investment relocating to Southeast Asia as businesses look to escape higher tariffs amid the US-China trade war. The post Indonesia president Jokowi to woo SoftBank, Saudi prince for investments appeared first on DealStreetAsia.
With this new capital, Zeta will look at expanding its business across 15 countries including the US, the UK, in Europe and in Southeast Asia. The post Indian fintech startup Zeta valued at $300m in Sodexo-led Series C appeared first on DealStreetAsia.
Robinhood is the hot new way to play the stock market and the Silicon Valley tech startup has grown to 6 million users with a smartphone app, commission-free trades and marketing aimed at millennials. This week, Robinhood announced a $323-million Series E financing at a $7.6 billion valuation in a round led by DST Global [...] The post Jay-Z-Backed 'Free' Stock-Investment App Robinhood Raises $323M At $7.6B Valuation appeared first on Moguldom.