Mar 13, 2014 | News, North America
TechCrunch Cupcake Digital, the New York-based developer with a large portfolio of brand-name children’s mobile applications, has acquired competitor zuuka, best known as the maker of the iStoryTime library app, which offers over 200 children’s e-books. Both companies...
Mar 12, 2014 | Central & Eastern Europe, News
HELSINKI, March 12 (Reuters) – (Reuters) – Finnish start-up Next Games has raised $6 million in funding in the latest of several venture capital investments in the Nordic country’s booming mobile games industry, the company said on Wednesday. Founded...
Mar 12, 2014 | India, News, South & Central Asia, Western Europe
Economic Times March 12, 2014 NEW DELHI: Online and mobile classifieds venture Quikr has raised $90 million ( Rs 550 crore) from a group of investors led by Swedish investment firm Investment Kinnevik in a deal that marks the largest round of funding for an internet...
Mar 12, 2014 | China, East Asia, News
TechCrunch March 12, 2014 Alibaba has agreed to spend HKD $6.24 billion (about USD $804 million) for a 60% stake in TV and film producer ChinaVision Media Group. The purchase will allow Alibaba, which already dominates China’s e-commerce market, to boost its digital...
Mar 12, 2014 | News, Western Europe
TechCrunch March 12, 2014 More evidence that the online money transfer space is heating up significantly, as startups aim to disrupt the banks and incumbents such as Western Union. Money transfer startup Azimo has closed a $10 million series A round. The new funding,...
Mar 12, 2014 | News, Western Europe
TechCrunch March 12. 2014 WorldRemit, a London-based startup that is tackling the antiquated consumer money wiring/remittance market with an easy and traceable online solution, has collected some money of its own: a $40 million investment from Accel Partners, the...