State-run media broadcasts indicated that the Chinese government is turning against the country’s most successful e-commerce company Alibaba. However, the company didn’t seem to take much damage from the reports in terms of sales and shares.
The Taizhou project, a petrochemical complex located in East China, had stalled because of the lack of a proper location.
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
Spotify's revenues in 2012 grew more than twice as much after expansion.