May 30, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News 28 May Moscow-based social network advertising platform Hiconversion announced last week that it has received about 9.1 million rubles (almost $300,000) in seed funding from serial angel investor Igor Ryabenkiy and the Moscow Seed Fund, Moscow...
May 30, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 30 May 2013 Billionaire Mikhail Prokhorov’s Onexim group bought a stake in state bank VTB worth more than $400 million in a share offering earlier this month, a news report said Wednesday. Another billionaire, Suleiman Kerimov, also increased his...
May 30, 2013 | Asia, China, East Asia, News, North America
Wall Street Journal 20 May 2013 SHANGHAI — Chinese conglomerate Fosun International Ltd. 0656.HK -2.04% is raising a $1 billion private-equity fund that will invest in Europe and international companies seeking to expand in China, according to a person familiar with...
May 30, 2013 | Asia, China, East Asia, News, North America
Reuters 23 May 2013 GDC Technology Ltd, a Chinese digital cinema equipment maker backed by private equity firm Carlyle Group, has applied for a listing on U.S. stock exchange Nasdaq of up to $75 million. GDC is the second Chinese company to seek a U.S. initial public...
May 30, 2013 | Asia, China, East Asia, News
Pedaily.cn 23 May 2013 According to a source, Ctrip has reached a purchase or investment agreement with Com.openet.hotel.view, a hotel reservation application program and would put Com.openet.hotel.view under the management of its wireless business. Thedeal value...
May 30, 2013 | News, North America
Venture Beat 25 May 2013 Blogging service WordPress’s parent company Automattic is getting a $50 million investment from Tiger Global, according to WordPress founder Matt Mullenweg. The announcement comes from a blog post on Mullenweg’s personal site today, and this...