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CommonFloor acquires anonymous chat app for students Bakfy
The deal is a combination of cash and equity. Other details of the agreement have not been disclosed yet Bakfy team (left) with the Co-founders of CommonFloor Real estate portal CommonFloor has...
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Daumkakao buys smart alarm note startup Kids Note
Kids Note retains independent control over the management and will receive support from Daumkakao with development and service strategy Daumkakao has announced its buyout of Kids Note, a smart alarm...
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India’s chat app Hike acquires US-based voice calling company Zip Phone
This is the first acquisition by Hike and is aimed at expanding its product range in the Internet-based communication space India’s homegrown chat application Hike messenger has acquired US-based free...
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India’s Zomato acquires food portal Urbanspoon to enter United States
This is the restaurant search app’s sixth acquisition in the last six months, and is estimated to be around US$50 million to US$60 million Indian restaurant search app Zomato today announced that it...
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Twitter acquires Indian mobile startup ZipDial
It increases Twitter’s investment in India and also brings the company a new engineering office in Bangalore Twitter today announced that it has reached an agreement to acquire India-based ZipDial, its...
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migme acquires online entertainment shopping site Sold.sg
migme intends to branch out into the e-commerce space inspired by Alibaba’s success with Taobao Singapore-based and ASX-listed social entertainment platform migme announced its entry into the...
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Ardent Capital-backed WhatsNew Group acquires MOXY
MOXY’s CEO and Founder Shannon Kalayanamitr will join WhatsNew Group as Group CMO (L-R) Bounthay Khammanyvong, Group CEO, WhatsNew and Shannon Kalayanamitr, CEO and Founder, MOXY Thailand-based...
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Australia’s Crowd Mobile acquires Hong Kong meetup app Kiss Hugs
Crowd Mobile, looking to expand into Asia, will acquire Kiss Hugs’ technology, intellectual property and user base Image credit: Kiss Hugs Hong Kong-based meetup app Kiss Hugs has been acquired by...
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Hong Kong Bitcoin platform ANX acquires CoinMKT; eyes US market
ANX’s COO David Chapman said the acquisition will strengthen its footprint in the Americas Image credit: ANX ANX today announced that it has acquired CoinMKT for an undisclosed amount to expand its...
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India’s Exotel acquires Singapore’s voice-based social media app Croak.it!
Exotel plans to acquire more startups that operate in the voice space Indian cloud telephony company Exotel today announced that it has acquired Singapore’s voice-based social media app Croak.it! for...
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Mahindra Group buys India’s baby products e-tailer Babyoye
The acquisition comes close on the heels of its rival and leading baby-related products e-tailer Firstcry’s US$26 million funding Indian multinational conglomerate Mahindra Group has acquired Babyoye,...
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Alibaba invests US$590M in Chinese smartphone maker Meizu
The investment will see Alibaba’s mobile operating system YunOS being pre-loaded onto Meizu devices, as well as giving Meizu access to Alibaba’s e-commerce facilities Chinese e-commerce giant Alibaba...
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BookMyShow takes majority stake in social media analytics firm Eventifier
BookMyShow is an India-based online entertainment ticketing platform The deal size is pegged at US$1-US$2 million Eventifier’s investors Kae Capital and Accel Partners have exited with this deal The...
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Infosys to acquire US-based Big Data startup Panaya for US$200M
Panaya’s CloudQuality suite will bring automation to several of Infosys’s service lines via a SaaS model. The transaction is expected to close by the end of March this year Indian software giant...
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Food ordering marketplace Just Eat acquires Mexican rival Sindelantal
With this acquisition, food ordering platform Just Eat will add 2,500 restaurants in Mexico to its online marketplace, and generate over 60,000 orders per month JustEat plc, an online food ordering...
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Snapdeal acquires luxury fashion portal Exclusively
Under this partnership, Exclusively will complement Snapdeal’s existing ecosystem; will provide a consolidated offering for the luxury shopper Indian online marketplace Snapdeal.com today announced it...
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India’s Ola acquires its rival TaxiForSure for US$200M
Online cab booking service Ola (formerly Olacabs) has acquired rival TaxiForSure for US$200M in a cash and equity deal Ola and TaxiForSure will continue to operate as separate entities Arvind Singhal,...
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Japan’s Recruit buys Germany’s Quandoo for US$219M
The acquisition is part of Recruit’s strategy of acquiring other lifestyle companies including travel, dining and beauty Japan’s Recruit has acquired Quandoo, an online restaurant reservation platform...
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Flipkart acquires mobile ad network AdIQuity
Indian e-com major Flipkart has acquired Bangalore-based ad network AdIQuity AdIQuity had raised $15 million funding from Sequoia Capital and Sandstone Capital in 2008 Flipkart has acquired a number...
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Rocket Internet-backed PricePanda merges with rival platform, Getprice
E-commerce platforms Pricepanda and Australia-based Getprice will be merging and operating under the Next Commerce banner The move is meant to drive growth in Australia and to further expansion into...
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