Seasonal trends in startup funding
Startup funding and exiting activity have been slow over the past few months in the U.S. Fewer companies closed rounds, IPO volumes were light, and not a lot of big M&A deals got done. But is fundraising […]
Souq.com
Souq.com has been bought by Amazon
Souq.com has been bought by Amazon (NASDAQ:AMZN) for an undisclosed amount. It is a day after a counteroffer of $800M from Dubai’s Emaar Malls became public. “Amazon and Souq.com (Private:SOUQ) share the same DNA. We’re […]
Dubai’s Souq.com said to plan Stake Sale at $1.2 Billion Value
Dubai-based online retailer Souq.com, known as the Amazon of the Middle East, is planning to sell a stake of about 30 percent that would give the company a value of at least $1.2 billion, people […]