Consumer

The LVMH-backed Asian investment firm backs the Australia-based food retailer.

Fashion retailer Twice raises $4m in a venture round that includes AOL-backed venture firm CrunchFund, SV Angel, IA Ventures, and others.

In October, Kraft is breaking itself into two companies, one handling snacks and one groceries.

MIH, which in June saw its head, Antonie Roux, sadly pass away at the age of 54, is investing $90m to become the second-largest shareholder in Flipkart after hedge fund Tiger Global, according to news provider Times of India.

OnLive restructures to leave corporations nursing their pain.

Gaming peripheral maker Logitech invests $15m in the series B financing for applications accessory developer Discovery Bay Games.

JP Morgan has made an investment in the Samwer brother's fashion retailer Zalando.

Intel Capital invests an undisclosed sum in ELike, and makes it a hat-trick for investments in Brazilian online fashion retailers.

The question taxpayers, voters and employees will start to ask is whether government strategies are priming an innovation capacity in areas that a country, ie its companies primarily, have no interest or capacity to commercialise whether through corporate venturing and then acquisitions?