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Consumer

Ele.me eats up $630m

The online food ordering service, reported yesterday to have raised at least $90m, has confirmed a Hualian and JD.com-backed round that valued it at more than $3bn.


Aug 28, 2015

Hualian Department Store delivers $90m to Ele.me

The shopping centre operator supplied the cash alongside an undisclosed sum from backers including JD.com, which took part in Ele.me's $350m series E in January.

Aug 27, 2015

Schwarz seeks Encore

Meredith Schwarz has left General Mills, where she launched its corporate venturing fund, to join consumer goods-focused private equity firm Encore Consumer Capital.

Aug 25, 2015

59Store graduates with $31m

The student-focused e-commerce company has secured $31m ahead of its series B round from investors including existing backer Legend Holdings.

Aug 24, 2015

Coca-Cola toasts Suja

Beverage company Coca-Cola has acquired a minority stake in organic drinks company Suja Juice as part of a distribution deal.

Aug 21, 2015

Big Deal: Carbon3D shapes $100m series C

The company, backed by Google and Autodesk, is the first 3D printing technology developer to raise a nine-figure round, and could herald the next stage in the sector's evolution.

Aug 21, 2015

RedMart bags $26.7m

Both of the online grocer's existing corporate backers, Garena and Softbank, returned for its latest round and were joined by Far East Organisation.

Aug 21, 2015

FanDuel wins over NumberFire

Edinburgh spinout FanDuel has acquired sports analytics company NumberFire for an undisclosed amount.

Aug 20, 2015

Ring successfully sounds out investors for $28m

American Family and Shea Ventures co-led the smart doorbell developer's series B round with Richard Branson, founder of conglomerate Virgin.

Aug 20, 2015

Big Deal: GrabTaxi nabs $400m

The SoftBank-backed ride sharing company has now raised $740m in under two years, and will use the cash to fund an expansion push in Southeast Asia.

Aug 17, 2015
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