France

French train ticket booking startup Capitaine Train emphasizes efficiency in online platform

Capitaine Train, a France-based online vendor for train tickets, puts emphasis on giving its users a simpler, hassle-free and more efficient ticket-buying experience, TechCrunch reported.

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French event planning app WePopp pairs with OpenTable to add restaurant booking

Paris, France-based event planning mobile app WePopp paired up with San Francisco, US-based restaurant booking app OpenTable to integrate restaurant booking service into the steps required to plan for a given event.

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Japanese Internet services firm Rakuten opens first European R&D facility in Paris

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.

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France allows startups to raise $1.4M in crowdfunding, syndicate campaigns

France has become friendlier with young firms as it substantially raises the limits of Kickstarter-like crowdfunding and equity crowdfunding campaigns of French startups to $1.4 million respectively each year, TechCrunch reported.

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French firm Accor plans on selling its full stake in Mumbai BKC hotel

Paris, France-based hospitality major Accor is aiming to exit its 40% stake in Mumbai, India-based Sofitel hotel in Bandra-Kurla Complex (BKC) and fold the Sofitel brand into itself, according to sources.

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Bristow Helicopters picks up stake in UK's Eastern Airways

British helicopter airline Bristow Helicopters picked up a 60% stake in UK-based airline Eastern Airways International Ltd, with the two firms to continue operating as entities independent from each other, as part of the strategic investment deal.

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French cloud storage service HubiC offers 10TB for $13.50 per month

France-based cloud storage service HubiC now has an updated product offering that consists of a 25GB free storage, 100GB for $1.35 (€1) every month, and 10TB for a $13.50 (€10) monthly fee.

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French carpooling site BlaBlaCar adds Podorozhniki to tap into Russian and Ukrainian markets

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.

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Audo invests in Paris bio gasoline startup

Germany-based car maker Audi is investing in Paris, France-based bio gasoline startup Global Bioenergies, which makes cheap gasoline from sugar, as part of an effort to decrease greenhouse gas emissions amid stricter regulations.

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Actavis exits stake in China joint venture to Chiral

Dublin, Ireland-based pharmaceutical firm Actavis sold its stake in Chinese subsidiary Actavis (Foshan Pharmaceutical Co) for an undisclosed sum because of its limited presence in the country.

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Chief of UK-based Europa Oil now holds 0.88pct stake after an open offer

Hugh MacKay, the chief executive of UK-based hydrocarbons exploration and production firm Europa Oil & Gas, now holds a 0.88% stake in the company after it held an open offer for 19.3 million shares.

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Spiegel picks up stake in Berlin brain-training startup NeuroNation

Hamburg, Germany-based publishing group Spiegel.net has partnered with accelerator XLHealth to acquire a 25% stake in Berlin-based brain-training startup NeuroNation for an unconfirmed seven-figure sum.

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France divests $614M Airbus stake

The French state divested a 1% stake in Netherlands-based aircraft and defense firm Airbus Group for €451 million ($614 million), according to the French economy minister.

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Microsoft and Samsung to acquire stakes in French startups -report

Tech giants Microsoft and Samsung are in talks to acquire stakes in a France-based online music startup and a video-sharing website, according to a report by French weekly Le Journal du Dimanche.

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French travel startup Evaneos bags $6M for European growth

Paris, France-based travel startup Evaneos raised $6 million from a Series B funding round led by XAnge Private Equity for its expansion to other European countries.

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