Consumer

Started in 2004 by Qiangdong Liu, 360Buy has been growing at 300% per year and has raised $500m from investors, including US supermarket chain Wal-Mart.

News provider VC Experts says Groupon would issue nearly 30.1m of a new series of preference stock, priced at $31.59 a share, as a regulatory filing shows $500m has already been raised.

Online shopping clubs now account for about 20% of online fashion sales in Europe, according to eBay, which is buying Brands4Friends for $200m from strategic investors Holtzbrinck and Tengelmann Group.

News provider Financial Express said bank Citigroup and hedge fund DE Shaw could invest R500 crore ($100m) through a private placement for 10% of Future Ventures, the corporate venturing division of Indian retail conglomerate Future Group.

RelayRides is transferring its base from Boston to San Francisco, where both Google and August offer facilities to help early-stage portfolio companies after their investment.

In a series B round of undisclosed size alongside consumer-focused private equity firm Catterton Partners, Pepsico increased its stake in One Natural Experience a year after first investing.

Waze doubles series A round with $25m second stage from a consortium including Qualcomm Ventures.

Having raised $13m from Virgin Green Fund-led consortium, Quench hires Anthony Ibarguen as chief executive.

News provider Mobinode said Rebate Network was part of a venture consortium backing China discount coupon provider Lashou.