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Corporates score big returns as Alibaba invests $1bn in Lazada
Rocket Internet and Tesco sold stakes sized at $137m and $129m respectively as Alibaba took a 67% stake in the Southeast Asia-focused e-commerce company.
Apr 12, 2016Fund in the News: Statoil Energy Ventures
Statoil's newly formed $200m cleaner energy-focused fund will look to build up a portfolio of 15 to 25 companies in the next four to seven years, according to SEV managing director Gareth Burns.
Apr 11, 2016NHNE buys $40m stake in Ticket Monster
NHN Entertainment has provided $40m for Ticket Monster, whose previous owners have included LivingSocial and Groupon, as part of a round that could reach $300m.
Apr 11, 2016Tokopedia books $147m in new funding
Online marketplace Tokopedia has raised fresh capital from unnamed investors, following a $100m Softbank-led round in 2014.
Apr 11, 2016Ele.me and Didi Kuaidi get nearer billion-dollar rounds
Chinese VC funding continues to go strong as Alibaba's touted 10-figure investment in food delivery platform Ele.me appears to have been closed while Didi Kuaidi prepares to complete its own $1bn round.
Apr 8, 2016Future Group adorns itself with FabFurnish
Rocket Internet had been in talks with Future Group to sell off homeware marketplace FabFurnish since February and has now closed the deal for up to $3m.
Apr 7, 2016Orange makes $85m call to Africa Internet Group
The telecommunications company provided the funding a month after the closure of $326m from MTN, Rocket Internet, AXA and Goldman Sachs.
Apr 5, 2016AccorHotels books $168m Onefinestay acquisition
Onefinestay, which closed a $40m series D backed by Intel and Hyatt Hotels in June 2015, also received a $73m investment from AccorHotels as part of the deal.
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