Nicole Iman | August 16, 2019 | Real Estate, Marketplaces
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...
Tariq Ahmed Saeedi | August 16, 2019 | Marketplaces
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...
Tom Marling | August 15, 2019 | Marketplaces, Financials / Deals
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...
Tom Marling | August 15, 2019 | Marketplaces, Financials / Deals
Chinese search leader Baidu Inc. has dropped off the list of China’s five most valuable internet companies ahead of its Q2 results scheduled for early next week, Bloomberg reports. The company revealed its first quarterly loss in more than 15 years in its Q1 2019...
Tom Marling | August 15, 2019 | Marketplaces, Financials / Deals
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...
Adegoke Seun | August 14, 2019 | Marketplaces
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,...
