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Page 431

Groupon grasping fundraising chance

News provider VC Experts says Groupon would issue nearly 30.1m of a new series of preference stock, priced at $31.59 a share, as a regulatory filing shows $500m has already been raised.

Dec 30, 2010

Tengelmann and Holtzbrinck to exit Brands4Friends

Online shopping clubs now account for about 20% of online fashion sales in Europe, according to eBay, which is buying Brands4Friends for $200m from strategic investors Holtzbrinck and Tengelmann Group.

Dec 21, 2010

Future Ventures eyes stake sale

News provider Financial Express said bank Citigroup and hedge fund DE Shaw could invest R500 crore ($100m) through a private placement for 10% of Future Ventures, the corporate venturing division of Indian retail conglomerate Future Group.

Dec 17, 2010

Google shares RelayRides with August

RelayRides is transferring its base from Boston to San Francisco, where both Google and August offer facilities to help early-stage portfolio companies after their investment.

Dec 15, 2010

Pepsi drinks down One coconut

In a series B round of undisclosed size alongside consumer-focused private equity firm Catterton Partners, Pepsico increased its stake in One Natural Experience a year after first investing.

Dec 11, 2010

Qualcomm finds route into Waze deal

Waze doubles series A round with $25m second stage from a consortium including Qualcomm Ventures.

Dec 9, 2010

Ibarguen sups on Quench USA job

Having raised $13m from Virgin Green Fund-led consortium, Quench hires Anthony Ibarguen as chief executive.

Dec 7, 2010

Lashou raises $50m

News provider Mobinode said Rebate Network was part of a venture consortium backing China discount coupon provider Lashou.

Dec 2, 2010

Amazon invests $175m in LivingSocial

Amazon has traditionally avoided corporate venturing but after becoming a limited partner in venture capital (VC) firm Kleiner Perkins Caufield & Byers's $250m sFund for social media deals it has taken a stake in discount coupon company LivingSocial.

Dec 2, 2010
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