India-based e-commerce giant Flipkart is in talks to merge with online fashion retailer Myntra as part of a proposal being pushed by common investors Tiger Global and Accel Partners.
Mergers & Acquisitions
Salesfusion acquires Atlanta social analytics platform LoopFuse
Atlanta, US-based marketing automation platform Salesfusion has acquired social analytics platform LoopFuse for an undisclosed amount just two weeks after the former raised $8.25 million in a Series B funding round.
Canada's Aimia to purchase minority stake in AirAsia-Tune Group owner Think Big
Canada-based digital media firm Aimia Inc is purchasing a minority stake in Malaysia-based firm Think Big Digital Sdn Bhd, the owner and operator of AirAsia-Tune Group's loyalty program.
Origin completes $17.6M stake buy in Ukraine's Agroscope
Ireland-based food and agribusiness group Origin Enterprises completed the purchase of a 60% stake in Ukraine-based firm Agroscope in a deal valued at $17.6 million (€12.7 million).
Australian online tailoring startup InStitchu expands to the UK
Sydney, Australia-based online tailoring startup InStitchu expanded to the UK by partnering with two London-based entrepreneurs who planned to open a similar business but instead bought a minority stake in the company's new UK subsidiary.
Latest News
Apple Inc has spent nearly two times what it spent the year before on acquisition deals, deploying $525 million for these purchases last quarter, Bloomberg reported.
New York, US-based social TV startup Viggle snapped up San Francisco, California-based rival Dijit Media for an undisclosed sum to acquire and incorporate the latter's NextGuide and reminder button features into its own offerings.
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.
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.
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.
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.
Internet giant Yahoo is reportedly in advanced talks to purchase San Francisco, California-based enterprise app studio Tomfoolery in a deal valued at $16 million, according to different sources.
In its fourth expansion via acquisition, Paris, France-based carpooling site BlaBlaCar added Podorozhniki for an undisclosed sum to tap into the market of Russia and Ukraine.
Leading event technology and audiovisual firm PSAV has been acquired by private equity firms Olympus Partners and Goldman Sachs. Financial details of the deal were not provided.
