MercadoLibre (Nasdaq:MELI), a major Latin America technology firm, has teamed up with Grupo Logistico Andreani to invest in EmporioCompras.com, an e-commerce website, which focuses on home, fashion, luggage and toys. As a result of the deal, both companies are now shareholders of EmporioCompras.com.
According to Argentinian media, the e-commerce joint holding seeks to position itself as the lea
Fairfax owned Domain.com.au, a real estate site, has purchased All Homes for $50 million, reported the Australian Associated Press.
All Homes serves around 180 real estate agencies in Canberra and the surrounding areas of the Australia Capital Territory.
The move is seen as an effort by Fairfax to strengthen its business to take on leader RealEstate.com.au.
The deal is subject to regulato
Nigeria's Hutbay.com, a real estate marketplace launched in August 2012 in Lagos, raised an undisclosed amount from the Lagos Angel Network, according to a report by local techblog TechCabal. The injection comes in the form of cash and hands-on mentorship.
Hutbay provides comprehens
Carsales.com.au bought a controlling stake in online car financier Stratton Pty in a deal worth $60.1 million, according to The Sydney Morning Herald.
The deal, funded in cash and a loan from one of the major Australian banks, NAB, is seen as a natural fit for the car