Valoreo closes on $50M to roll up LatAm e-commerce brands

Valoreo closes on $50M to roll up LatAm e-commerce brands

A new breed of startups is acquiring and growing small but promising third-party merchants, and building out their own economies of scale. And while there are a number of such startups based in the U.S. and Europe, none had emerged in the Latin American market. Until...
Tencent backs digital rights startup Pex in $57M round

Tencent backs digital rights startup Pex in $57M round

Pex, a startup aiming to giving rightsholders more control over how their content is used and reused online, has raised $57 million in new funding. The round comes from existing investors including Susa Ventures and Illuminate Ventures, as well as Tencent, Tencent...