Uber’s latest source of equity financing is reportedly Baidu, sometimes referred to as one-third of China’s commercial Internet.


THE BUSINESS OF TECHNOLOGY
Uber’s latest source of equity financing is reportedly Baidu, sometimes referred to as one-third of China’s commercial Internet.
Enterprise cloud collaboration service Huddle has announced a $51 million Series D round of funding led by Zouk Capital.
The South Korean B2C e-commerce company Coupang has secured $300 million in growth equity financing.
Change.org, an online petition company, has raised $25 million in funding from 24 big name investors including Bill Gates, Richard Branson, Arianna Huffington, Ashton Kutcher and the co-founders of Twitter, LinkedIn and Yahoo.
Data Center operating system creator Mesosphere has raised $36 million in Series B funding led by Khosla Ventures.
It was a busy week in IPO activity, as a number of highly anticipated soon to be public companies came forward with details about their upcoming offerings.
Tech.eu has released its quarterly study of exits in Europe’s tech sector, which will enthuse investors on the continent. A total of 88 deals were recorded. This is down from the 92…
Uber has raised $1.2 billion in investment, valuing the company at more than $40 billion.
SoftBank has invested $250 million into GrabTaxi, a Singapore-based taxi booking application.
Stripe announced a new round of venture financing that reportedly values the online payments company at over $3.5 billion, double what it was worth less than a year ago.