Lyft acquires Hamburg-based taxi app FreeNow from BMW and Mercedes-Benz for €175M and says the combined operations will serve 50M+ riders annually
Tim Bradshaw / Financial Times :
Seven startups, including Thrasio and Heyday, hoping to become conglomerates like P&G have raised a combined $950M to acquire small Amazon Marketplace sellers
Start-ups including Thrasio, SellerX and Heroes are rolling up small brands, hoping to become the new P&G or Unilever Tweets: @fercany , @macrotactical , @tim , and @colarusso42 Tweets: Fercan Yalinki...
Source: Tencent acquired a 10% stake in Policybazaar, valuing the Indian online insurance aggregator at $1.5B
Saritha Rai / Bloomberg : Tweets: @tim Tweets: Tim Bradshaw / @tim : News from my #WebSummit panel this morning: @policybazaar CEO Yashish Dahiya says the Softbank-backed Indian fintech co just close...
Apple buys UK-based speech technology start-up VocalIQ
Tim Bradshaw in San Francisco, Sally Davies and Murad Ahmed in London — Apple has acquired a UK-based start-up whose artificial-intelligence software helps computers and people speak to each other i...