June 21, 2013
Parisian Startup Rad Raises Series A Round
Rad, a Parisian startup eCommerce site, announced a new Series A funding round led by Index Ventures, reported The Next Web. Index Ventures also backs highly popular global eCommerce sites...
June 05, 2013
Rakuten Puts Amazon On Notice With Webgistix Acquisition
If imitation is truly the sincerest form of flattery, Rakuten might have some strong feelings for Amazon Prime. The Japanese eCommerce giant announced yesterday that they have acquired U.S.-based logistics...
May 28, 2013
Alibaba Launches Wide Scale 24-Hour Delivery Service In China
Chinese eCommerce giant Alibaba has officially launched the China Smart Logistics Network (CSN), which will enable 24-hour delivery to any city in China, according to a TechCrunch report. CSN is...
May 24, 2013
Lebanese eCommerce Slowed By Internet Speeds
Maintaining an online business is hard enough, but imagine living in a country that came in at the bottom of a worldwide list for the slowest Internet connection? That’s the...
May 22, 2013
Asia’s Answer To Zappos Raises $100 Million From Rocket Internet
After two successful funding rounds since March 2012 and multimillion-dollar investments from JP Morgan and Tengelmann, South East Asia’s version of popular eTailer Zappos, Zalora, has announced it has raised...
May 09, 2013
Russia, Hong Kong Get Tablet-Based Banking From Citibank
Citibank this week announced the roll out of its Citibank for iPad application in the Russian and Hong Kong markets, and revealed future plans to release the app in other...
May 02, 2013
UAE/India: Airway merger one of first international investments in Indian...
United Arab Emirates-based Etihad Airways has reportedly requested approval for the company to acquire a 24 percent stake in competitor Jet Airway, based in India. The deal marks one of...
March 26, 2013
Romania Solution Integrator Chooses Fiserv For Cash And Logistics Solutions
Eutron Invest Romania, a Romanian solution integrator, seeks to improve the Romanian market by choosing to work with United States-based financial services technology company, Fiserv, reported The Paypers. Fiserv will...
March 26, 2013
Cyprus Imposes Weekly Cash Limits
Earlier this week, authorities assured Cypriotes the banks would reopen on Tuesday, however it was announced that banks in Cyprus are now scheduled to reopenthis Thursday, reported BBC News. The...
