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Square acquires website building platform Weebly for $365 Million

Square announced an agreement on Thursday to buy website-building company Weebly for $365 million. The cash-and-stock deal will allow small business customers to use both Weebly and Square to easily build websites and online stores, the companies said. Weebly is a website-building service, similar to Squarespace or WordPress, and was backed by Sequoia, Tencent and… Read More »

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Oracle acquires marketing tech startup Grapeshot

Oracle has announced that it will acquire Grapeshot, a startup out of Cambridge, England, that has developed a platform to help ensure “brand safety”, along with solutions to help brands, agencies, publishers and ad platforms to match ads to more specific placements overall. The startup will become a part of the Oracle Data Cloud, Oracle… Read More »

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Bose Acquires Audio Tour Startup Detour

Bose has acquired Detour, an audio tour startup founded by Groupon founder Andrew Mason. The acquisition, which involves only the software and tour content — not the team — was quietly announced on Detour’s blog a few days ago, followed by an email to customers. Bose, initially, seems like an unlikely acquirer for an app… Read More »

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Square acquires corporate catering startup Zesty

Square has acquired elements of corporate catering startup Zesty. Square, which already owns on-demand food delivery service Caviar, plans to use Zesty’s assets to strengthen Caviar’s corporate ordering business, Caviar for Teams. Neither company disclosed financial terms of the deal, but the plan is for Caviar and Zesty to operate independently in the short term…. Read More »

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Adobe acquires Sayspring voice platform startup

Adobe has today announced the acquisition of Sayspring, a New York-based startup that aims to make it easier for everyone to build voice-based apps that integrate with virtual assistants such as Alexa and Google Assistant. Founded in 2017, New-York based Sayspring has technology that makes it easy to design voice applications without coding. The full… Read More »

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Sports startup Fantastec buys VOD platform Colony

Sports media startup Fantastec has acquired London-based We Are Colony. Fantastec was founded just last year by Steve Madincea, a sports marketing veteran who created sponsorship agency Prism and continued to run it after selling to ad giant WPP. Fantastec’s goal is to engage sports fans through technology like video on demand, virtual reality, augmented reality… Read More »

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Alibaba seeks to acquire rest of China food delivery app Ele.me

Bloomberg reported yesterday that Alibaba plans to purchase the roughly-60 percent of Ele.me that it currently doesn’t own from the other investors, which include search giant Baidu. Alibaba Group is seeking to acquire full control of Ele.me by buying out Baidu and other investors in the Chinese food delivery startup. Beijing Hualian Department Store Co,… Read More »

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Momo buys Tantan, China’s Tinder, for over $600M

Momo, the Chinese location-based social networking app that has more recently made a big push into dating services and is traded on Nasdaq with a market cap of around $6 billion, announced that it has acquired Tantan, China’s top dating app, for “approximately 5.3 million newly issued Class A ordinary shares of the Company and US$600.9 million in… Read More »

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