Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
Sectors
South African firm Times Media picks up 49pct stake in Radio Africa in $18.6M deal
Johannesburg, South Africa-based media firm Times Media Group (TMG) picked up a 49% stake in Nairobi, Kenya-based broadcasting company Radio Africa Ltd in a deal valued at $18.62 million ZAR1.58 billion.
TMF Group acquires Indonesian payroll firm Tass Axia
Amsterdam, Netherlands-based business services provider TMF Group acquired Jakarta, Indonesia-based payroll and HR administration services provider PT Tass Axia Solusi for an undisclosed amount to expand its client base.
Unitus backs Indian dental chain Smile Merchants' seed round
Unitus Seed Fund backed Mumbai, India-based dental clinic chain Smile Merchants with an undisclosed investment to develop the latter's hub-and-spoke system and fund its national expansion.
NZ-based tech startup Loomio launches $100K crowdfunding campaign for mobile collaborative decision-making tool
Wellington, New Zealand-based tech startup Loomio launched a $100,000 crowdfunding campaign on its own website to develop a mobile version of its open-source collaborative decision making tool.
Latest News
Wilmington, US-based network performance management company SevOne Inc bought Minneapolis, Minnesota-based data analytics firm RapidEngines for an undisclosed amount as part of its service enhancement efforts.
London, UK-based real estate management firm Orion Capital Managers LLP, through Orion European Real Estate Fund IV, snapped up the Domus Shopping Center located near Paris for an undisclosed sum.
Gurgaon, India-based smartphone maker Micromax Informatics Ltd is eyeing the purchase of an undisclosed stake in Seoul, South Korea-based rival Pantech Co Ltd in a bid to expand internationally, according to unnamed sources.
Cape Town, South Africa-based startup accelerator 88mph is expanding to Lagos, Nigeria to begin a new venture with seed funding specialist L5Lab to fund startup programs.
Auburn Hills, US-based powertrain supplier BorWarner bought Esslingen, Germany-based exhaust gas and thermostat producer Gustav Wahler GmbH & Co KG for an undisclosed sum to strengthen its position in the market.
Paris, France-based native advertising company Adyoulike added Windsor, UK-based content and marketing firm Content Amp in a deal valued at $2.5 million to beef up its ad campaigns.
Seattle, US-based e-commerce giant Amazon.com offers unhappy workers between $2,000 to $5,000 to quit their job to maintain a healthy working environment for the company and to encourage employees to pursue what they really want.
Mountain View, US-based health startup Lark stepped away from hardware with the launch of its new personal health coaching app on Samsung's Galaxy S5 model.
Madison, US-based fishing social network Fishidy won in Madishon's Pressure Chamber contest for local startups, which was hosted by the Madison Chamber of Commerce, and got a chance to attend a conference in Silicon Valley in June.
