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CyberAgent Ventures Invests $1 Million in Taiwan’s iPeen

Japanese investment firm, CyberAgent Ventures has recently invested $1 million in Taiwan’s iPeen for 20 percent stake, valuing iPeen at $5 million. iPeen is one of the largest user generated restaurant review websites […] Related posts: Japan’s DOCOMO Invests $175 Million In Tata Teleservices of India NTT DOCOMO, Japan’s mobile operator giant, has announced today […]

Groupon, Tencent, Alibaba and China

Are Groupon and Tencent venturing into China? The rumor goes on but it seems that both Internet giant have already strike a deal. Mobinode confirmed it. It was rumored that the site will be fully launched this year May. To match up with Groupon’s ambitious plan in China, it was reported that 1000 staff would […]

Alibaba Invests $4 Billion and May Surpass Walmart in Sales

Alibaba Group and its financing partners plan to invest 30 billion yuan ($4.5 billion USD) to build warehouses across China. The reason? Alibaba wants to meet a 10-year goal of delivering any online order in China within eight hours. It’s an ambitious goal. The warehouses will occupy 3 million square meters (560 American football fields) […]