Jan 20, 2015 | Central & Eastern Europe, News, Russia
Ulmart, Russia’s leading e-commerce company, confirmed today its plan to go public next year in a yet-to-be-determined Western stock exchange, the company’s chairman and co-owner Dmitry Kostygin told Russian business daily RBC. Ulmart is thus considering raising $1...
Jan 19, 2015 | News, North America
TechCrunch More and more retailers are learning the importance of big data and how it can be applied to improve sales, but few have the core expertise to understand how to gather, organize, and to analyze it. To help them do so, Toronto-based startup Rubikloud has...
Jan 19, 2015 | India, News, South & Central Asia
There’s more funding for e-commerce companies in India today, after ShopClues — a startup that led the adoption of the marketplace model in the country — closed a $100 million Series D round. Read More
Jan 19, 2015 | China, East Asia, News
XueXiBao, a homework help app, is the latest educational tech startup in China to receive funding. SoftBank China Venture Capital, an arm of the Japanese telecom giant, and returning investor GSR Ventures led a $20 million Series B in the company. Read...
Jan 19, 2015 | China, East Asia, News
Xiaomi became the world’s third largest smartphone company based on sales last year, and it also began investing in companies. Its early investments have largely been in hardware, but today it diversified into software after buying 2.98 percent of Kingsoft...
Jan 19, 2015 | Central & Eastern Europe, MENA, News, North America, Russia
Vaizra Investments, the fund belonging to VKontakte founders Lev Leviev and Vyacheslav Mirilashvili, has invested in startups Moovit and Boxed. Moovit is an Israeli app which helps users to plan journeys on public transport, and Boxed is a US app for wholesale buyers....