New Funding Values Fab at Over $1 Billion

New Funding Values Fab at Over $1 Billion

The Wall Street Journal 19 June 2013 Two-year-old design website Fab is now worth more than $1 billion, thanks to a $150 million venture-capital round led in part by Chinese Internet conglomerate Tencent Holdings. Two-year-old design website Fab is now worth more than...
New Century REIT IPO to Raise up to $254 Million

New Century REIT IPO to Raise up to $254 Million

The Wall Street Journal 20 June 2013 New Century Real Estate Investment Trust has started taking orders from institutional investors for its initial public offering in Hong Kong that will raise as much as US$254 million, according to a term sheet seen by The Wall...