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Fundings and Exits

Alibaba Hit $14.3B In Total Sales On Singles’ Day, With 69 Percent Made On Mobile Devices

Alibaba Group reaped $14.3 billion in sales during Singles’ Day, a 54 percent boost from final year’s sum of $9.3 billion. The many poignant series from yesterday’s annual selling bonanza, however, is not how many Chinese consumers spent, though what inclination they used to make purchases from Alibaba’s marketplaces. According to a company, that runs China’s largest e-commerce marketplaces, some-more than ... Read More »

$30M Later, Struggling JavaScript Platform Famo.us Pivots

Famo.us’ 15 mins of open source celebrity have come to an end. JavaScript digest engine Famo.us has pivoted divided from a hardcore open sourced engineering platform that had lifted over $31 million. It’s now refocused on commercializing a thought of absolute mobile web apps with a calm government complement for branded offered apps. The startup altered a website to famous.co, pressed ... Read More »

Our 9 Favorite Companies From 500 Startups “Demo-Ween”

500 Startups currently presented a 14th collection of companies during a Computer History Museum in Mountain View, California, with a scary twist. Dave McClure pronounced this collection was less general than prior batches, with usually 39% of founders hailing from outward a United States. Of a 36 startups that went by a program, 25% had womanlike founders. He done no discuss ... Read More »

Porch Acquires Mobile Advice Marketplace Fountain

The Seattle-based online home services height Porch.com currently announced that it has acquired Fountain, a service that connects Internet users with doctors, lawyers, mechanics, tech support and other experts by video chats, texts and annotated photos. Fountain was co-founded by Aaron Patzer, who is best famous for first and heading Mint.com. Patzer, who was also Fountain’s CEO, will not join Porch, ... Read More »

Uber Refueling Its Warchest Yet Again, At A Valuation Of Up To $70BN

Another month, another billion for Uber… The ride-hailing business is reportedly lifting nonetheless again — formulation to lift tighten to $1 billion in new investment according to a NYT citing “people tighten to a matter”, with investors looking during a gratefulness of between $60 billion and $70 billion for a six-year-old startup. If a NYT’s news is on a money, it comes small ... Read More »

Hermo, One Of Southeast Asia’s Top Beauty Sites, Lands $2M Series A

Shopping for beauty products should be relaxing, though anyone who has visited a makeup opposite knows that we mostly continue a torrent of upselling before finally evading with a purchase. Hermo, a Malaysia-based e-commerce site, wants to make cosmetics offered fun for business in Southeast Asia. The site, that also operates in Singapore and is formulation to enhance into Indonesia ... Read More »

Segment Raises $27 Million For Its “One API To Rule Them All”

Segment, a Y Combinator-backed startup that allows businesses to use a singular API for eventuality tracking in sequence to send information to hundreds of opposite collection and databases, including Google Analytics, MailChimp, KISSmetrics, Omniture, Mixpanel, Quantcast, Flurry, and most more, currently announced an additional $27 million in Series B funding, led by Thrive Capital. Existing investors Accel Partners, Kleiner Perkins ... Read More »

Box Spikes 6% On News That CEO Aaron Levie Recently Purchased 15,000 Shares

Shares of Box, an craving partnership shop, traded neatly aloft currently following news that a company’s CEO, Aaron Levie, recently purchased 15,000 shares. At a price, according to an SEC filing, of $11.1 per share, a dollar volume of a trade is not large, though a impact has been some-more than symbolic. Disclosure of the $166,500 squeeze helped pull shares of Box ... Read More »

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