Southeast Asia’s Internet Economy On Track To Exceed $100B This Year
Southeast Asia would one of the world’s fastest-growing areas for online commerce thanks to a youthful population increasingly comfortable with smartphones.
E-commerce Startups Find Funding Favor In India
In India, funding activity over the past weeks headed into the end of August showed that eCommerce startups focused on home delivery gained traction, as measured by funding rounds.
Tiger Global Co-Leads $330M Round In Produce E-Commerce Platform
U.S. investment firm Tiger Global Management LLC and China’s Genesis Capital have led a $330 million series C+ round in MissFresh, a Tencent Holdings Ltd-backed fresh produce e-commerce platform in China, with participation from Jeneration Capital.
Walmart Buys Jet.com For $3B, Accel Sees Large Exit
<span style="line-height: 20.8px;">This is the second largest exit for Accel Partners under the company’s co-founder and CEO Marc Lore, who previously founded Quidsi and later sold it to Amazon for $545 million in 2010. Accel Partners was invested in Jet.com’s Series A round and Quidsi’s Series C and E rounds, in addition to debt financing.</span><br style="line-height: 20.8px;" />
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BeachMint Gets Lucky In Joint Venture With Conde Nast
Much of the retail and publishing world is trying to figure out the best way to monetize using content. “Everyone talks about commerce and content and they’re adding content now,” says Chen, “But we’...
Future of Ecommerce and Fashion
The investor of Etsy,Skype, Nasty Gal talks about the future of Ecommerce and Fashion Venture Capital talk by Danny Rimer
Months after receiving a $122mn round lead by Mousse Partners, One Kings Lane Will Lay Off Up to 20% of Staff
n January, the online retailer announced a $112 million investment round led by Mousse Partners, bringing total funding to more than $220 million. The investment valued the San Francisco-based company at $912 million.
By April, the company announced that CEO Doug Mack was departing to run Fanatics, a sports e-commerce company. The company’s chief marketing officer and head of human resources also left at that time.
A Fabulous Combustion
This past July, e-Commerce startup Fab.com raised a $150 million series D, bringing its total funding to $336 million. Yesterday, Recode reported the company would be laying off 80-90 people from the...
What are the biggest tech IPOs in history?
A look at the biggest share offerings in U.S. history, from the Union Pacific Railroad to Alibaba's upcoming IPO.
Alibaba's Magic Fades on SoftBank
Alibaba's less-than-revealing IPO filing failed to deliver the validation SoftBank investors needed to justify their high valuation on the Chinese business. A revelation that SoftBank has signed over much of its voting rights to Alibaba insiders likely didn't help.