typical-startup Archives

BMW-backed car parking app raises half crowdfunding target on debut

February 13, 2015 admin alibaba, app-connects, computer-code, space-at-their, typical, typical-startup, venture-capital, virus, your-average

By Andrew Winterbottom LONDON (Reuters) – JustPark, a London-based start-up that launched the world's first in-car parking app, is nearly half way to achieving a 1 million pound ($1.5 million) equity fundraising target just 12 hours after its debut on crowdfunding platform Crowdcube. JustPark's app connects car-park owners, often individuals with a private parking space at their home, to drivers looking for a place to park

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Alibaba’s Jack Ma seeks to reassure employees over U.S. lawsuits

February 13, 2015 creative alibaba, app-connects, computer-code, gestures-during, over-possible, regulator-last, sent-out-before, sold-on-alibaba, space-at-their, staff-posted, typical-startup, united, urged-employees, venture-capital

Alibaba Group Holding Ltd Executive Chairman Jack Ma urged employees to relax about U.S. lawsuits against the firm over possible failure to disclose information to investors, in a letter to staff posted on his official microblog on Friday. A series of lawsuits have been filed in the United States after an unusually public fracas with a Chinese regulator last month over the issue of fakes being sold on Alibaba's websites.

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Chinese regulator says to target e-commerce pricing behavior

February 13, 2015 publisher alibaba, alibaba-group, computer-code, gestures-during, pricing-tactics, regulator-last, said-on-friday, sent-out-before, sold-on-alibaba, staff-posted, typical-startup, urged-employees, venture-capital

A Chinese antitrust regulator said on Friday pricing tactics in the nation's e-commerce sector will be probed to ensure a “fair” market, likely putting new scrutiny on companies such as Alibaba Group Holding Ltd and JD.com Inc. The comments come just two weeks after another government regulator, the State Administration for Industry and Commerce (SAIC), accused Alibaba of failing to clean up what it called illegal business deals on the e-commerce titan's platforms. The National Development and Reform Commission (NDRC) said in a statement on its website that it would “organize and develop special inspections into the online retail sector's pricing behavior”