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Shwe Property raises $3 million

Shwe Property, the first and leading property vertical in Myanmar, has secured $3 million in Series B funding from a star-studded line-up of private and institutional investors. The company is now backed by some of the most successful online classified and property...

Yahoo Japan to launch flea market app

Yahoo Japan Group (Yahoo.co.jp) — a joint venture between Yahoo in the U.S. and Japanese telecom operator SoftBank — is hoping to retain its leadership in classifieds with the launch of a new flea market app this fall. The move sounds like a...

Alibaba in talks to acquire Kaola

Alibaba is in talks with NetEase to acquire its cross-border e-commerce arm Kaola. It may merge the unit with its Tmall International platform, according to Technode.com. Alibaba could pay as much as $2 billion U.S. to complete the takeover, Sina Finance reported. The...

Alibaba sustains mobile dominance

Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) continues to swim against the tide of a national economic slowdown, posting quarterly revenues that beat the highest analyst estimates, Bloomberg reports. Revenue at Asia’s biggest company rose 42% to...

Legal service marketplace goes live in Nigeria

QuickLaw, a Nigeria-based legal service marketplace, has been launched to offer customers easier access to legal advice.  The site boasts a pool of qualified lawyers with expertise in diverse areas including business incorporation, trademark, litigation, property law,...