Feb 5, 2014 | India, News, South & Central Asia
India’s e-commerce market is projected to grow sevenfold to $22 billion in the next five years, and investors and global e-commerce companies want to have a piece of the action. We have learned that Myntra, one of the bigger fashion portals in the country...
Feb 4, 2014 | News, North America
NY Times 4 February On Tuesday, Foursquare, the location-sharing application, announced a data licensing partnership and $15 million investment from Microsoft. The partnership is described as a “commercial and technical” licensing deal that will knit Foursquare...
Jan 31, 2014 | France, News, Western Europe
PARIS, Jan 31 (Reuters) – A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to remain in fashion for the luxury goods industry, despite slowing sales growth. Luxury...
Jan 28, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Lamoda, a leading Russian online fashion retailer, announced today an equity investment of €10 million from IFC, a member of the World Bank Group. This investment – the first by IFC in Lamoda – aims to “support the company’s expansion as...
Jan 10, 2014 | France, News, Western Europe
French startup Drive just raised $2.7 million (€2 million) in Series A funding from undisclosed business angels and institutional investors. The service is reminiscent of Chauffeur-privé or LeCab — it’s an Uber-like service that owns its cars and operates with fixed...
