Other

Google acquires Synergyse; Pivotal raises $253 million Series C; FarFetch raises $110 million Series F

- May 6, 2016 4 MIN READ

After another busy week eBay has announced its intention to acquire Expertmaker, while Google has acquired Synergyse. In funding news, Software development company Pivotal has raised $253 million in a Series C round, while fashion ecommerce platform FarFetch has raised $110 million and group ridesharing startup Via raised $100 million. Closer to home Domain Group acquired a 35 percent stake in OneFlare for $15 million.

Other

Ant Financial raises US$4.5 billion; Global Fashion Group raises US$340 million; Haystack raises $1.1 million

- April 29, 2016 6 MIN READ

This week has seen Alibaba affiliate Ant Financial raise the largest round an internet company has ever seen, US$4.5 billion at a valuation of $60 billion. Meanwhile, Rocket Internet’s Global Fashion Group has raised US$340 million and Vivint has raised US$100 million. Closer to home, REA Group is to acquire Flatmates.com.au, Rate My Agent has raised $5 million, and Haystack has raised $1.1 million in a seed round.

News & Analysis

Carsales.com.au acquires 83 percent stake in Chileautos for US$15 million to expand international footprint

- March 29, 2016 2 MIN READ

Australian automotive online classifieds company Carsales.com.au has today announced its acquisition of a controlling stake in Chilean automotive classifieds platform Chileautos. The company’s 83 percent stake was acquired for US$15 million (approximately AUD$19.86 million) from existing cash reserves and debt facilities, with Carsales retaining an option to purchase the remaining 17 percent stake at any… Read more »