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China-based Tencent Holdings Ltd to acquire 20pct in Dianping.com

Tencent Holdings Ltd, the biggest Internet company in Asia, purchased a 20% stake in online review platform Dianping.com, as it steps up its location-based services, Bloomberg reported.


Australian minig firm Balamara to divest non-core assets in the Balkans for A$15.2M

Subiaco, Western Australia-based mining firm Balamara Resources Ltd agreed to divest three of its non-core assets located in the Balkans for A$15.2 million to focus on its flagship projects.

MSL Solutions purchases Australia-based online handicapping system manager Golf Link

Paddington, Australia-based golf club industry software provider MSL Solutions purchased North Sydney, New South Wales-based handicapping system manager Golf Link Partners (GLP) for an undisclosed sum to expand its company portfolio.

Singapore-based mig33 purchases AlivenotDead for undisclosed amount

Social entertainment website mig33 has purchased AlivenotDead. a community that enables celebrities to reach their target audience, TechCrunch reported. Financial terms of the deal were not provided.


Latest News

Jackson, Mississippi-based fresh eggs producer and distributor Cal-Maine Foods agreed to acquire the remaining 50% of the remaining interests in Utah-based Delta Egg Farms from Iowa-based Sunbest Foods for a total of $17 million.
Menlo Park, US-based scientific outsourcing startup and service provider Transcriptic bagged a total of $4.1 million in funding to introduce automation and robots into the process of scientific research.
FireLayers, a cloud security startup backed by YL Ventures, has taken itself out of stealth mode. The startup provides tools that allow companies to securely use cloud applications.
Health and lifestyle investors Tripp Baird and Vishal Vasishth are in the process of raising $150 million for their Builders Fund in San Francisco, based on a document filed with the Securities and Exchange Commission (SEC).
The Social+Capital Partnership, Mayo Clinic, Rock Health and unnamed venture capitalists from Silicon Valley invested $1.1 million to Ambient Clinical Analytics, a startup formed by a group of doctors from the Mayo Clinic, VentureBeat reported.
Needham, US-based digital video advertising distributor Extreme Reach pocketed $50 million in a venture round from Village Ventures, Greycroft Partners, Spectrum Equity, and Long River Ventures.
Aside from robbing income from original makers of content, piracy websites also make around $4.4 million annually from ads, according to a study published by Digital Citizens Alliance.
Tokyo, Japan-based Internet services company Rakuten Inc opened its first European research and development (R&D) facility in Paris, France, which is called the Rakuten Institute of Technology.
Israel said on Wednesday it was considering regulation of bitcoin and warned citizens that using such decentralized virtual currencies was risky.
Investors in Atlanta and the State of Georgia in general are now favoring angel, seed and Series A financing rounds more than later-stage deals, TechCrunch reported citing CrunchBase data.