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Russia's Yandex invests in Multiship to boost up e-commerce platform

Russian Internet giant Yandex has invested an unconfirmed amount to acquire logistics provider Multiship to provide an easier way of delivering goods to the customers of Yandex's e-commerce platform.


US tech media startup Daily Dot adds London news site The Kernel

Texas, US-based tech media startup Daily Dot Media (DDM) added London, UK-based tabloid-style news site The Kernel, whose editor-in-chief is stepping down from his position, for an undisclosed sum.

Rockbridge purchases Hawaii's Aqua Waikiki Wave Hotel

Ohio, US-based investment firm Rockbridge Partners purchased Honolulu, Hawaii-based Aqua Waikiki Wave Hotel for an undisclosed amount to mark the company's 330th investment in the hotel sector.

Walmart tests online grocery shopping with local pick-up option in Denver

US-based multinational retail chain Walmart started testing the local pick-up option for Walmart To Go, the company's online grocery shopping service with home delivery feature in Denver, Colorado.


Latest News

Los Angeles, California-based caregiver marketplace HomeHero launched its website that aims to connect aging adults with pre-screened caregivers and provide families with an easier way to communicate with and monitor hired caregivers.
Google is partnering with LEGO to build an virtual brick-building playground which can be accessed through a computer, smartphone, or tablet, using the new Build with Chrome application.
Denver, Colorado-based online market research firm GutCheck secured $4 million in a funding round led by Icon Venture Partners to test out the potential of different business ideas.
Yahoo has closed the acquisition of San Francisco, California-based enterprise app studio Tomfoolery, and will be shutting down the latter's Anchor app, according to a source familiar with the deal.
San Francisco, California-based credit card wallet Coin is currently raising around $15 million in a Series A financing round, according to several sources knowledgeable on the situation.
Mike Liberatore, the former head of Paypal's enterprise and North American financials, left the company to become the new Chief Financial Officer (CFO) of San Francisco, US-based payments startup Clinkle.
San Francisco, US-based advertising firm Federated Media sold its content marketing arm to Rhode Island-based multimedia company LIN Media for an undisclosed amount to focus on programmatic advertising.
In its first outside funding round, Medium, the blogging platform that Twitter co-founder Ev Williams established, raised $25 million from Greylock Partners and other investors.
Following is a text of the prepared remarks by President Barack Obama for his annual State of the Union address on Tuesday, where he urged Congress to pass legislation that rebuilds the mortgage market to rely more on private capital, but also maintains support for creditworthy borrowers.
Crowdfunding platform Indiegogo raised another $40 million in fresh capital from US private equity firms, which include Institutional Venture Partners and KPCB, CBC News said in its report.