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Page 384

Konga looks to exit the dancefloor

Konga, a Nigeria-based e-commerce company in which Naspers reportedly holds a 50% stake, has approached prospective buyers for an acquisition in the $35m range.

Aug 2, 2016

Salesforce fires off $750m Quip acquisition

Interactive word processing software provider Quip had raised $45m in funding since 2012 from backers including Salesforce Ventures.

Aug 2, 2016

Big Deal: Didi Chuxing to acquire Uber China

Uber has lost its battle in China, but as the largest shareholder in a $35bn company that is the overwhelming market leader it may yet win the war.

Aug 1, 2016

Helmet maker Skully hits brick wall

The Intel-backed motorcycle helmet producer has ceased operations following the CEO's departure and varying accounts of an acquisition deal by LeSports.

Jul 29, 2016

Take Eat Easy delivers last meal

Rocket Internet-backed food delivery service Take Eat Easy has shut down following unsuccessful attempts at raising a series C round.

Jul 28, 2016

Hiree gets Quikr purchase

Quikr has acquired online jobs platform Hiree for an undisclosed amount, providing an exit to IDG Ventures India, which led the startup's seed and series A rounds.

Jul 27, 2016

Platfora gets up for Workday acquisition

Big data technology producer Platfora had raised $95m since 2011 from backers including Cisco, Citi and HSBC, and has been acquired for an undisclosed sum.

Jul 27, 2016

LeEco spies Vizio for $2bn acquisition

Taiwanese manufacturing partners AmTran and Foxconn will exit the consumer electronics producer in the deal, which LeEco hopes will enhance its business in the US.

Jul 27, 2016

Zoomcar speeds up with $25m

Ford Smart Mobility is providing $15m for the Nokia-backed car sharing company's series C round, which also includes Reliance Group's venture capital unit.

Jul 26, 2016

Jabong gets snapped up by Flipkart for $70m

The Rocket Internet-founded Global Fashion Group's Indian platform, Jabong, has been bought for $70m, less than two years after reported talks over a $1.2bn acquisition.

Jul 26, 2016
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