| |
Files under: News
Posted by: admin @ 05:29 [30. 03. 11]
Yuri Milner‘s DST Global, which has made investments in Facebook, Zynga and Groupon, has launched a new fund, DST Global – 2 that will have international investors as limited partners. DST Global – 2 will invest in later stage, high growth companies, reported newspaper . Its first investment was one in Groupon in January 2011.
DST Global – 2 is investing $50 million in exchange for 5 percent stake in online music service Spotify as part of $100 million round, according to the paper.
DST Global – 2 is also investing in 360buy (Amazon for China), the largest Chinese online retailer, by joining its funding round, according to . Launched in 2004, has 14 percent of the Chinese B2C e-commerce market valued at some $3.6 billion.
In December 2010, 360buy raised $500 million in funding from six strategic investors, including the world’s largest retailer Wal-Mart.
________________________________________________________________________________________
Click to download Quintura search apps for iOS, Android and Symbian.
Tags: 360buy DST, Amazon China, Chinese Amazon, DST 2, DST 360buy.com, DST Global, DST Global 2, DST Global 2 Spotify, DST Global II, DST II, DST Spotify, DST Yuri Milner, Spotify 100m, Spotify DST, Spotify funding, Yuri Milner
|
