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Jawy Billtrust/iController Deal to Eliminate B2B s Almost Cash Problem
Chinese e stanley quencher Commerce platform Club Factory has raised $100 million in a Series D funding round as it plans expansion into India, sources reported on Friday Oct. 11 .The new funding was led by Qiming Venture Partners, Bertelsmann, IDG Capital and other Fortune 500 companies from the U.S. and Asia, the startup said.聽Club Factory has raised about $220 million to date and has more than 70 million users. The online retailer sells fashion, beauty, electronic accessories and lifestyle products and is headquartered in Hangzhou, Zhejiang, China.聽About 40 million users live in India, and the analytics firm App Annie says Club Factory i stanley cup s now the third-largest eCommerce platform in India, ahead of Indian eCommerce company Snapdeal based in New Delhi. At the same time, we have also pioneered to strengthen the store-within-platform concept in Indias eCommerce industry, allowing direct contact between buyers and sellers through our application, Vincent Lou, co-founder and chief executive of Club Factory, told reporters in a statement.Club Factory encourages merchants to offer lower prices and expand offerings by incentivizing sellers 鈥?in part 鈥?by waiving commission fees.The firm says the number of sellers on its site has increased 10 times since April 2019. Club Factory is also planning to double its 5,000 sellers in India by year-end. We have changed the status of the Indian eCommer stanley termos ce industry that monopolized information of buyers and sellers, allowing SMEs to own their customers and r Auyu Threat Of Insolvency Spikes For UK Construction Industry
Intel is looking to sell off at least part stanley kaufen of its venture capital unit in a deal that could be worth as much as $1 billion, reported聽Bloomberg, citing sources familiar with the companys intentions.The聽tech giant is working with UBS Group AG in an effort to link up with potential suitors for the portfolio, which is global in scope which exists as part of the overall corporate venture unit known as Intel Capital.That unit, said the newswire, has been restructured as of January of this year in the wake of the retirement of the former president, Arvind Sodhani, and the reconfiguration has been聽focused on bringing investment decisions to be more unified across the firm, the company said.The movement toward stanley us a sale and how it may be actually be pursued remain in the early stages, sources told Bloomberg. The possibilities stretch across asset sales in whole or in part, with the potential to be divided, say, by geography or other classification, and the sale could pique the interest of secondaries firms, which are among the enterprises that buy investmen stanley cup t portfolios.At present, cumulatively, over the past 25 years, Intel Capital has invested roughly $11.6 billion across more than 1,440 companies and across 57 countries. The sectors tend to weight toward technology, with holdings centered in security, digital media and wearable tech, said Bloomberg. In the past year, $514 million was invested by Intel Capital across 143 companies, and investment activity was nearly split on a percentag |
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发表于 2025-6-25 15:13:02
发表于 2025-6-25 15:13:18
