Consumer

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Singapore Telecommunications has exited travel e-commerce company Flocations, which raised almost $600,000 in 2012, through an acquisition by Venture Republic Group.

The American Express-backed eyewear manufacturer will use the proceeds from its series D round, raised at a $1.2bn valuation, to expand its brick-and-mortar stores.

Goldman Sachs led the Rocket Internet-backed online food delivery service's series F round, increasing its overall funding to almost $320m.

LVMH-backed Groupe Arnault was among the investors in the personalised fashion e-commerce company's series C round, increasing its total funding to $60m.

The payment services company made its second investment in e-gifting company Loop Commerce, which secured $16m in its latest funding round.

Mitsui has participated in the TV shopping and e-commerce company's third funding round, which follows a $25m series B round raised in 2011.

The Bertelsmann-backed real-estate listings portal plans to raise $50m in a series C round that will fund geographical expansion.

The cinema and event ticketing app operator has secured funding from backers including Tencent, with which it partners, and Wanda Group.

E-commerce holding company Rocket Internet has participated in an $8.7m funding round for the second-hand vehicle online marketplace.