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Sold., 6 November 2013

Dropbox today has bought e-commerce middleman for consumers Sold. The service will no longer be accepting items, the Boston-based startup said.

Dropbox is a name that's usually associated with online storage where it finds itself pitted against the likes of Google Drive and Microsoft's SkyDrive. But now the company could be branching out in a new direction with the purchase of Sold, one of the simplest online selling services ever invented.

The startup’s nine full-time employees are forming a new team to work on “a new Dropbox product.”

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Origami, 5 November 2013

eFamily, an online service that helps families connect, share and preserve memories via private family sites, announced today the acquisition of Origami Labs' software platform. The web-based and mobile software applications will expand eFamily's range of services, which have included photo, video and story sharing.

eFamily currently has over 30,000 registered accounts, which allow families to share content online via private family sites. The service costs $5 per month (or $50 per year via a discounted annual plan) and allows unlimited users within a family's private site.

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Xfire, 29 October 2013

Xfire launched a new e-sports platform in partnership with BoaCompra, a big Brazilian online payments company.

Xfire and BoaCompra, a division of media conglomerate UOL, held a League of Legends online multiplayer game tournament over the weekend that drew 3,400 Brazilian players. The event generated 750,000 event page views and more than 20,000 registrations for the Xfire beta test. The stream also saw more than 310,000 unique viewers and had an average of 26,000 viewers during the finals match broadcasts.

Xfire’s tournament platform lets any player, community, brand or publisher create and manage tournaments for any game. The platform uses Xfire’s existing social gaming platform, which has more than 23 million registered users.

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RSBF, 24 September 2013

The 8th Russia-Singapore Business Forum was held on 23 – 26 September this year and attended by some 750 delegates, confirmed that RSBF is Asia’s only leading business and networking platform where Russian/CIS businessmen meet with their colleagues from Asia.

Commenting on RSBF 2013, Mr Michael Tay, Executive Director of RSBF and former Singapore Ambassador to Russia said, "True to this year’s theme of Connecting Markets, Linking Businesses, RSBF 2013 set a tone different from past forums. In the past, we had tried to reset the image of the Russian/CIS economic potential to Asian and foreign businessmen, and vice versa. RSBF 2013 showed that we had moved to a fundamentally different level of business-making. There was a palpable sense of energy among businessmen to get the business going, to get deals made. One clear direction was greater collaboration in technology and innovation. Another was to explore and link up with new emerging and fast developing markets in Asia."

One of the success stories on the financial front is a local venture-capital firm IDM which secured US$10 million from high-net-worth Russians for investment in technological firms.

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Sun Media SG

Sold., 24 September 2013

Boston-based Sold. is a service and app that sells new and used goods so people don’t have to. With just a few photos and a description, Sold. will price an item, sell it, ship it, and deposit seller's money directly into his bank account. 

The sales all happen within Sold's iOS app launched in April. Today, the company launches its Android version. 

The next place for expansion, once Android and iOS are stable and running smoothly, is international.

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AdzCentral, 1 August 2013

AdzCentral, the Scientific Media Buying company, and Krux, a leading data management solutions provider, announce a new strategic partnership to deliver a full-service and real-time solution for managing consumer data for online marketers, publishers and content providers located in key markets in the Asia-Pacific region, including Singapore, India, Hong Kong, Taiwan, Malaysia, Indonesia, Thailand, the Philippines, Vietnam and the Middle East. 

The partnership enables AdzCentral to integrate Krux’s cloud-based data management platform (DMP) into AdzCentral’s complete suite of real-time, data-driven digital marketing solutions. 

The Krux technology boosts AdzCentral’s Scientific Media Buying capabilities by adding real-time tools that marketers and publishers need to protect, manage and monetize data across all their screens and sources including a range of big data analytics, audience segmentation, audience targeting and connectivity solutions.

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PhilStar Business
PR Newswire

Dianrong, 31 July 2013

Soul Htite, co-founder of online financing bellwether Lending Club, established a similar online P2P (peer-to-peer) funding service in Shanghai with an impressive management group (Marc van der Chijs, co-founder of Tudou, recently joined in its board.). 

The P2P online lending aims to provide more choices, easier access and transparency to clients. The transaction amount of over 2000 online funding services processed 20 billion yuan ($323 million) worth of deals in 2012, plugging a hole in China’s banking system that has long neglected micro-credits for small and medium-sized enterprises.

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InternMatch, 11 June 2013

InternMatch, a startup launched in 2009 to help job-ready students find potential internships and entry-level jobs as well as giving employers a vehicle to showcase their culture and woo candidates, has raised $4 million in a Series A round of financing. The company will use the money to expand its engineering and marketing teams and build data-based technology to help match companies with the right applicants. InternMatch has now raised a total of just over $6 million in funding.

The company says more than 650,000 unique students visit the site each month to watch videos on the companies, search through opportunities and learn about interview etiquette and other job-related topics. The site currently has over 5 million page views and 150,000 applications per month.

Companies already using InternMatch’s Campus Hub program include Facebook, Viacom, Yahoo, Nestle, NetApp and others.

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Business Insider
The Street