Mar 28, 2013 | Central & Eastern Europe, News, Russia
In its pursuit of leadership in the Russian online travel market, online hotel booking service Ostrovok.ru has raised $25 million – its fourth fundraising operation in less than two years. General Catalyst Partners has led the round, with participation from Accel...
Mar 28, 2013 | China, East Asia, News, Western Europe
AMSTERDAM, March 28 (Reuters) – Dutch express delivery company TNT Express said it has sold Hoau, its Chinese domestic road business, to private equity funds managed by CITIC Private Equity, but gave no financial details. The Dutch firm was forced to come up...
Mar 26, 2013 | News, Western Europe
New York Times 26 March 2013 One of Yahoo’s newest employees is a 17-year-old high school student in Britain. As of Monday, he is one of its richest, too. That student, Nick D’Aloisio, a programming whiz who wasn’t even born when Yahoo was founded in 1994, sold his...
Mar 25, 2013 | News, North America
Apple Insider 23 March 2013 Apple recently closed a deal worth about $20 million to acquire WifiSLAM, a Silicon Valley firm focused on building technology that affords users positioning data while indoors. The Wall Street Journal was able to confirm the acquisition...
Mar 25, 2013 | News, Western Europe
MILAN, March 22 (Reuters) – London-based investment firm NEO Capital has bought a majority stake in Italian luxury handbags maker Valextra in expectation of a possible initial share offering. On Friday Milan-based Valextra, known for its leather handbags in...
