In Britain, rival pay-TV operators Sky Plc and Virgin Media are combining information on customers to offer advertisers more insight into viewers and give them better-targeted ads. AFP In an effort to retain advertisers and slow the advance of Google and Facebook, European broadcasters are setting aside traditional rivalries to forge alliances that offer wider reach for ads and Internet-style data about audiences.
The move doubles Alibaba’s investment in Lazada after last year’s deal to buy a controlling stake in it for about US$1bil (RM4.29bil) and is a part of its efforts to boost its global sales. Reuters SINGAPORE: Chinese e-commerce company Alibaba Group Holding is investing an additional US$1bil (RM4.29bil) in South-East Asian online retailer Lazada Group, boosting its stake by nearly a third to 83% and amplifying its focus on the region.
Founded in Berlin in 2011, Delivery Hero has grown rapidly and now employs over 6,000 people, providing a digital platform to order meals from more than 150,000 restaurants in 40 countries in Europe, the Middle East, Latin America and Asia. Reuters BERLIN/FRANKFURT: Online food takeaway firm Delivery Hero is preparing a flotation that could value one of Europe’s largest Internet startups at up to 4bil (RM19.26bil), raising funds to help it fend off new competitors such as Uber and Amazon.
Packages moving along a conveyor belt inside a Wal-Mart fulfilment centre in Pennsylvania. The vigour of Wal-Marts online investments today contrasts with its initial reticence in e-commerce, which was due to worries that growth of online shopping would cut into sales at brick-and-mortar stores.
Azimo is mainly used by immigrants in the Eurozone to send money home to relatives in emerging markets in Central and Eastern Europe, West Africa, South Asia, the Philippines and Latin America. Reuters BERLIN: UK-based online money transfer firm Azimo is turning the process of sending remittances on its head by allowing mobile phone and computer users to send cash to any mobile phone number via text message, leaving it up to the recipient to claim the money.
In preparation for Disrupt New York in May Im going to hold a few pitching workshops in New York for you all. Well listen to and critique 8 pitches on March 13th at 7pm at the Knotel space at 22 West 38th Street, 4th Floor.
Verizon Ventures and R/GA are announcing a new program called the Verizon Media Tech Venture Studio. Stephen Plumlee, R/GAs global COO and managing partner of R/GA Ventures, explainedthat the interactiveagencysventure studios started out similar to other startup accelerator programs, but theyve expanded to provide access to financial capital, creative capital and client relationship capital.
Its rare that I quote a companys marketing tagline outright, but PassivDom, makers of an autonomous 3D-printed mobile house, sounds pretty darn rad. The Ukrainian company wants to create mobile homes that can be made anywhere and are completely self-powered.
Job finder appJob Todayhas inked a new media-for-equity deal worth $35 million. The Luxembourg-based startupisone of several European players seeking to switch CV-style recruitment for blue-collarjobs to a faster, app-based interface that returns results based on location and lets potential recruits and employers connect over mobile chat.