Meituan-Dianping, China’s Largest Group Deals Site, Closes Massive $3.3B Round At $18B Valuation

 Meituan-Dianping, China’s largest group deals site, confirmed that it has closed a colossal $ 3.3 billion round at a valuation of $ 18 billion. The company claims that this is the largest single funding round ever raised by a venture-backed… Continue Reading

Apple Highlights Relationship With IBM In Business Site Makeover

 Apple launched a redesigned version of its Mac in Business site this week as its love affair with IBM continued to develop. As the name implies, the site showcases Apple’s enterprise acumen and the new design focuses on Apple’s strengths in business. The overall site highlights the kinds of things you… Continue Reading

Redbox, Coinstar And ecoATM Owner Outerwall Buys Gadget Trade-In Site Gazelle For $18 Million

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 Outerwall, the automated kiosk operator that runsRedbox, Coinstar and ecoATM machines, has made a move into e-commerce with the acquisition of Gazelle.com – an online sitethat buys and sells pre-owned consumer electronics, including smartphones, tablets, desktop and laptop computers. The… Continue Reading