Reuters News
A California judge on Monday tentatively rejected venture capital firm Kleiner Perkins Caufield & Byers‘s bid to move a gender discrimination lawsuit brought by one of its own partners into arbitration. The suit, brought by Ellen Pao in San Francisco state court, has become the talk of Silicon Valley, where the digerati are avidly debating […]
Companies last year raised about $26 billion in IPOs on Shenzhen's Small & Medium Enterprise (SME) board and on ChiNext, its Nasdaq-style start-up market -- more than double the new listings on Nasdaq and two-thirds more than London, Thomson Reuters data show.
Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.
Reuters profiles Alberto Perez, who rose from street performer to co-founder of Zumba Fitness, a rapidly growing fitness empire that has attracted funding from Insight Venture Partners and The Raine Group.
South Korean private equity fund MBK Partners has been chosen as the preferred bidder for a stake in Hi-mart Co. Ltd., the electronics retailer said in a regulatory filing on Monday, according to a report from Reuters. Major shareholders including Eugene Corp. made the decision, Hi-mart said. (Reuters) – South Korean private equity fund MBK […]
Russian online retailer KupiVIP has secured funding of $38 million from a consortium led by the investment arm of technology giant Intel, a cash-raising boost ahead of a planned stock-market float in New York within two years. The new funding round includes Acton Capital Partners, the European Bank for Reconstruction and Development as well as […]
Microsoft is close to buying business software company Yammer for more than $1 billion, according to Reuters. Backed by PayPal co-founder and Facebook investor Peter Thiel, Yammer said it counts more than 80 percent of Fortune 500 companies as clients. It has raised more than $140 million in venture capital funding. Reuters – Microsoft Corp […]
Chinese-language online encyclopedia Hudong.com is reportedly raising a $50 million third round of funding, writes Reuters. Part of Hudong.com’s funding is being raised by online private investment platform Xpert Financial. Tim Draper, of venture capital firm Draper Fisher Jurvetson, sits on Xpert’s board and sent an email urging people to invest in Hudong.com, according to […]
Zynga shares are down big on Facebook's IPO--so how will this play out for the VCs still locked up in its stock?
Lapis Marketing Pvt Ltd., which runs the e-commerce website Hushbabies.com, has raised an undisclosed amount of Series A round of funding from IndoUS Venture Partners, Reuters reported Tuesday, citing an article by VCCircle.com. (Reuters) Lapis Marketing Pvt Ltd, which runs the baby products e-com portal Hushbabies.com, has raised Series A round of funding from IndoUS […]