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Consumer

Naspers restructures MIH Internet Africa

South African media and ecommerce company Naspers has closed down five, niche ecommerce businesses, with plans to build out its Kalahari online shopping platform.


Feb 28, 2014

17u sails off with $82.5m

Holiday makers and business travellers from China will have more destinations and offers to choose from now that online travel agency, 17u (also known as TongCheng) has raised $82.5m in expansion capital. The corporate venturing unit of Tencent has taken part in the series C round, as has Oriza Holdings and Boyu Capital.

Feb 28, 2014

All fun and games in $21.5m Joyme.com deal

Fosun Venture Capital Investment, the corporate venturing unit of Chinese industrial conglomerate Fusun Group, has led a $21.5m series B round of funding for game portal operator, Joyme.com. Fosun is no stranger to the gaming world, having already invested in gaming sites Perfect World and LineKong.

Feb 28, 2014

Cisco invests $6m in Badia Impact Fund

Cisco has invested $6m in the Jordan-focussed Badia Impact Fund, in its first close including investments from the European Investment Bank and Jordan's King Abdullah Fund for Development.

Feb 26, 2014
Feb 25, 2014

Profile of Google Capital launch plans

Google Capital is expected to formally launch later this summer.

Feb 23, 2014

Motorola Solutions revs up for Revionics

Motorola Solutions Venture Capital, the corporate venturing unit of Motorola Solutions, has invested an undisclosed amount of funding into US-based shopper merchandise planning company Revionics. Prior to this round, the company had raised $18.2m, according to CrunchBase.

Feb 20, 2014

ViSenze dresses to impress Rakuten

National University of Singapore fashion startup ViSenze raises $3.5m series A from online retailer Rakuten.

Feb 20, 2014

Bukalapak rings in corporate investment

Bukalapak.com, a C2C marketplace e-commerce in Indonesia that enables sellers and buyers to do secured online transaction in simple way, has attracted an undisclosed amount of capital from Japan price data aggregator Aucfan, angel investor and venture capital outfit 500 Startups, and existing investor Gree Ventures.

Feb 20, 2014

Intel invests in 3D printing

Intel has invested in two companies with 3D printing potential - Lithuanian 3D computer model marketplace CGTrader, prize winner of best startup pitch at ICT 2013, and US-based makexyz, which provides localized 3D printing services for consumers.

Feb 17, 2014
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