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Carvana revs up for $300m round
The used car e-commerce company, which has secured $50m from backers including DriveTime, is set to raise the funding from strategic and institutional investors.
May 28, 2015Spring to add Snapchat to investor base
Snapchat is reportedly investing an undisclosed sum in Jello Labs, the parent company of shopping app Spring, which recently raised $25m.
May 27, 2015Brit Media flies the flag with $23m
Intel Capital looks to have participated in a $23m series B round for the DMGT-backed lifestyle media company, which has now raised more than $30m altogether.
May 26, 2015JD.com picks FruitDay in $70m series C
The produce e-commerce company has also signed an agreement to harness JD.com's resources in order to expand in its home country of China.
May 26, 2015Mode Media fashions $30m round
Hubert Burda invested the money, which boosted the vertical media network's total equity funding to $186m since it was founded in 2004.
May 26, 2015Flipkart accelerates with $550m, raised at $15bn valuation
The e-commerce company, which includes Naspers and IDG among its shareholders, has now raised almost $3bn since it was founded.
May 21, 2015Baihe engages corporates for $242m
Shengda Mining and Dahu Acquaculture have participated in a $242m funding round for online dating platform Baihe.com, which is preparing to go public this year.
May 21, 2015Google goes Cloudbursting
British Columbia University spin-out Cloudburst Research acquired by Google.
May 20, 2015Jawbone's $300m fundraising revealed to be debt
Originally reported as equity funding, the $300m raised by Deutsche Telekom-backed wearable product maker Jawbone last month has been revealed to be debt financing.
May 20, 2015China Mobile to co-launch $800m fund
The telecommunications firm will kick in more than $240m for the fund, which will be formed with a state-owned investment entity to fund mobile internet companies.
May 19, 2015IndianRoots to grow with $5m
KJS has provided fresh funding for the e-commerce company, also backed by Astro All Asia, to scale up its logistics and delivery capabilities.
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