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Crowdsourced retail analytics startup raises $1 million from InVenture Partners

East-West Digital News March 19, 2014 CrowdSystems, the developer of retail analytics tools based on crowdsourcing technology, announced Friday that it closed a $1 million Series A round of financing from Russian venture fund InVenture Partners at an undisclosed valuation. Similar to the international platform Quri.com, CrowdSystems provides retail companies and brands with crowdsourcing tools for […]

Google in Talks About Possible Acquisition of Twitch

Wall Street Journal May 18, 2014 Google Inc. is in talks about a possible acquisition of Twitch, a fast-growing, live-video-streaming service, according to two people familiar with the matter. The talks are at an early stage, and a deal isn’t imminent, the people said. The potential purchase price couldn’t be learned. Twitch also has considered […]

TMT Investments injects $200,000 into Israeli startup Drippler

East-West Digital News May 19. 2014 In early May TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $200,000 investment in Israeli startup Drippler, in exchange for a 1.86% share. Drippler is a mobile and web-based discovery service helping people adopt everyday technology in an easy and interactive way. […]

Russian and Global e-Commerce Trends, Moscow June 6

East-West Digital News is proud to announce Russia’s first internationally-oriented industry event, the e-Days E-Commerce Conference, which will be held on June 6 in Moscow in partnership with comScore, InternetRetailer.com and PwC as well as with western chambers of commerce, Russian industry associations and online marketing agency BuzzFactory joining as co-organizers. Virtually all the industry’s leading players – including […]

French Ardian buys German toymaker Schleich

May 18 (Reuters) – German toy maker Schleich, known for its lifelike figurines, has been bought by French private equity firm Ardian from its British owner HgCapital, the two private equity companies said on Sunday. Neither side disclosed the price of the transaction which the Frankfurter Allgemeine Zeitung on Sunday reported was 220 million euros […]

Google Has Acquired Quest Visual, The Maker Of Camera-Based Translation App Word Lens

TechCrunch May 16, 2014 Word Lens wowed when it debuted back in 2010, with its tech that could translate the wording on signs captured with your smartphone’s camera automatically. Now, Quest Visual, the maker of that app, has been acquired by Google, the company announced today on its site. With the acquisition, Google gets Quest […]

Dear Montebourg, Please Don’t Kill French Startup Acquisitions

TechCrunch May 16, 2014 Arnaud Montebourg has a huge responsibility now. He’s France’s minister of the economy, industrial renewal, and the digital economy. He just signed a decree that allows the government to prevent acquisitions of French companies by foreign firms in multiple industries, including “electronic communications”. As a reminder, he’s the one who killed […]

Ozon acquires stake in LitRes, the leading Russian e-book store

East-West Digital News May 16, 2014 Yesterday Ozon Holdings, one of Russia’s most established e-commerce players, announced that it acquired a stake in LitRes, the leader in Russia’s fast growing – though still embryonic – domestic e-book market. Neither the size of the stake nor the amount of the transaction has been disclosed. Ozon presented the […]

LVMH Burgundy deal prompts concerns among winemakers

Decanter May 1, 2014 LVMH has acquired 8.66 hectares of Clos des Lambrays, located in Morey-Saint-Denis and one of the largest grand cru vineyards in Burgundy. While the deal has not come as a surprise to many, particularly seeing as Clos des Lambrays was known to be on the market, some producers see the move […]

Are Tech Companies Overvalued? Top Investors Think So

TechCrunch May 15, 2014 Is Winter coming? It may already be here, according to VCs like Fred Wilson of Union Square Ventures and John Lilly of Greylock. We asked some of the world’s most respected investors about state of valuations at TechCrunch Disrupt NY. The consensus is that public tech company prices soared too close […]