Tag Archives: Airbnb

The sharing economy boom

Commentary

In today’s collaborative economy, anything can be shared. From rides to tools, from rooms to home-cooked meals, anything that is worth sharing is now being shared and the surprising thing is, the market is responding positively. Thanks to the recession, today, hundreds of people have realised the value of collaboration and relied on peer-to-peer services to earn or save extra money. Social media and mobile technology have enabled the sharing economy and helped turn startups like Uber and Airbnb into billion dollar businesses. The success of these companies has inspired many startups to aspire to be the next big thing. One of these companies is Rent the Runway. What makes Rent the Runway exceptional is it’s known for being reliable and for its mammoth collection of expensive designer clothes and fashion accessories. The New York-based company boasts that it rents as many as 65,000 dresses, 25,000 earrings, bracelets and necklaces every single day to more than five million members. A $3,000 designer gown can be rented for as low as $70 on the site. Some clothes can go as low as $30 per rental. With very affordable rates, how couldn’t Rent the Runway have a five million customer base? The company recently announced a $60 million round of Series D funding led by Technology Crossover Ventures, with participation from Bain Capital Ventures, Highland Capital Partners, and Advance Publications, Inc. The latest investment brings the company’s total funding to $114.4 million.

Top 20 Transactions Deals for November 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $3,500,000,000 Trulia Zillow Transactions Acquisition
2 $1,650,000,000 Mercury Payment Vantiv Transactions Acquisition
3 $1,200,000,000 Uber Consortium Transactions Investment
4 $1,000,000,000 Ebates Rakuten Transactions Acquisition
5 $523,500,000 Jobstreet Seek Transactions Acquisition
6 $475,000,000 Airbnb Consortium Transactions Investment
7 $350,000,000 Delivery Hero Consortium Transactions Investment
8 $260,000,000 Ticket Monster Groupon Transactions Acquisition
9 $250,000,000 Lyft Consortium Transactions Investment
10 $210,000,000 Olacabs SoftBank Transactions Investment
11 $200,000,000 LegalZoom Permira Transactions Acquisition
12 $200,000,000 LY.com Ctrip Transactions Investment
13 $200,000,000 Viator TripAdvisor Transactions Acquisition
14 $195,000,000 China South City Holdings Tencent Transactions Investment
15 $165,000,000 Houzz Consortium Transactions Investment
16 $150,000,000 Houzz Undisclosed Transactions Investment
17 $140,000,000 Kobalt Music Group Consortium Transactions Investment
18 $135,000,000 Pluralsight Consortium Transactions Investment
19 $128,756,800 Momondo Group Great Hill Partners Transactions Investment
20 $125,136,000 Klarna Consortium Transactions Acquisition

More information

  1. Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal (TechCrunch)
  2. Vantiv Buys Mercury Payment From Silver Lake for $1.65 Billion (Bloomberg)
  3. Uber Closes $1.2BN Financing Round (FinSMEs)
  4. Rakuten Buys Ebates For $1 Billion (TechCrunch)
  5. Australia’s Seek to Buy Jobstreet in $524 Million Deal (Wall Street Journal)
  6. Airbnb closes $475 million funding round (Fortune)
  7. Delivery Hero, Hungry For Growth, Orders Up Another $350M In Funding (TechCrunch)
  8. Groupon’s $260M Acquisition Of Ticket Monster From LivingSocial Has Closed (TechCrunch)
  9. Lyft Raises $250 Million Series D To Fight The Car Wars (Forbes.com)
  10. Olacabs raises $210 million from Japan’s SoftBank Corp; enters $1b Club (Economic Times)
  11. The $425M LegalZoom deal is a win for VCs, but less exciting for the company or LA (PandoDaily)
  12. China’s Ctrip invests over $200 million in an online ticketing site (Tech In Asia)
  13. Travel Site TripAdvisor To Acquire Viator For Approximately $200M (Forbes)
  14. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)
  15. Houzz Raises $165M Series D Funding Round Led By Sequoia To Fuel International Expansion (TechCrunch)
  16. Home Deco Site Houzz Raises $150M At A $2.3B Post-Money Valuation (TechCrunch)
  17. Kobalt Raises $140M To Scale Up Its Digital Royalty Collection Business (TechCrunch)
  18. Pluralsight Closes $135M Series B Funding (FinSMEs)
  19. Momondo Group raises £80 million from Great Hill Partners (TNOOZ)
  20. Klarna Raised €90M to Acquire SOFORT (FinSMEs)

Top 20 Investments for October 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,200,000,000 Uber Consortium Transactions Investment
2 $1,000,000,000 Flipkart Consortium Ecommerce Investment
3 $900,000,000 Cloudera Intel Corporation Software & Services Investment
4 $575,000,000 Financial Software and Systems Premji Invest Software & Services Investment
5 $542,000,000 Magic Leap Consortium Software & Services Investment
6 $475,000,000 Airbnb Consortium Transactions Investment
7 $445,000,000 Rocket Internet PLDT Software & Services Investment
8 $444,200,000 Palantir Technologies Undisclosed Software & Services Investment
9 $350,000,000 Delivery Hero Consortium Transactions Investment
10 $350,000,000 Koudai Tencent, Tiger Fund Ecommerce Investment
11 $325,000,000 Dropbox Undisclosed Software & Services Investment
12 $280,000,000 Tango Alibaba Mobile & Apps Investment
13 $256,000,000 PetHub Altivia Ventures Software & Services Investment
14 $250,000,000 Dropbox BlackRock Software & Services Investment
15 $250,000,000 Lyft Consortium Transactions Investment
16 $250,000,000 Jawbone Rizvi Traverse Management Hardware & Infrastructure Investment
17 $234,481,802 Campaign Monitor Insight Venture Partners Software & Services Investment
18 $225,000,000 Pure Storage Consortium Software & Services Investment
19 $210,000,000 Flipkart Consortium Ecommerce Investment
20 $210,000,000 Olacabs SoftBank Transactions Investment

More information

  1. Uber Closes $1.2BN Financing Round (FinSMEs)
  2. India’s Flipkart Raises $1 Billion, Among The Largest In Single Funding Round In Global E-Commerce (Forbes)
  3. Cloudera raises $900 million, plots expansion (ZDNet)
  4. Financial Software and Systems Secures $57M in Fourth Funding (FinSMEs)
  5. Magic Leap Completes $542m Series B Financing (FinSMEs)
  6. Airbnb closes $475 million funding round (Fortune)
  7. PLDT Invests $445M In Rocket Internet To Develop Online Payment Services For Emerging Markets (TechCrunch)
  8. Palantir receives $444.2M private equity funding (SEC.GOV)
  9. Delivery Hero, Hungry For Growth, Orders Up Another $350M In Funding (TechCrunch)
  10. Koudai secures giant $350 million Series C funding round (Red Herring)
  11. Dropbox Raises $325M in Funding, SEC Filing Reveals (FinSMEs)
  12. Alibaba Sinks $215 Million Into Messaging App Tango, Valuing It At More Than $1 Billion (Forbes)
  13. Altivia Ventures Invests in PetHub (Maandate.com)
  14. Dropbox Raises $250M; Valued at $10Billion (FinSMEs)
  15. Lyft Raises $250 Million Series D To Fight The Car Wars (Forbes.com)
  16. Jawbone raises $250 million, valuing company at $3.3 billion (Reuters)
  17. Campaign Monitor partners with Insight Venture Partners (Campaign Monitor)
  18. Pure Storage Raises $225 Million at a $3 Billion Valuation (Recode)
  19. Flipkart Raises $210M In New Funding From DST Global And Returning Investors (TechCrunch)
  20. Olacabs raises $210 million from Japan’s SoftBank Corp; enters $1b Club (Economic Times)

Top 20 Investments for September 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,200,000,000 Uber Consortium Transactions Investment
2 $1,000,000,000 Flipkart Consortium Ecommerce Investment
3 $900,000,000 Cloudera Intel Corporation Software & Services Investment
4 $475,000,000 Airbnb Consortium Transactions Investment
5 $445,000,000 Rocket Internet PLDT Software & Services Investment
6 $444,200,000 Palantir Technologies Undisclosed Software & Services Investment
7 $350,000,000 Delivery Hero Consortium Transactions Investment
8 $325,000,000 Dropbox Undisclosed Software & Services Investment
9 $280,000,000 Tango Alibaba Mobile & Apps Investment
10 $256,000,000 PetHub Altivia Ventures Software & Services Investment
11 $250,000,000 Dropbox BlackRock Software & Services Investment
12 $250,000,000 Lyft Consortium Transactions Investment
13 $250,000,000 Jawbone Rizvi Traverse Management Hardware & Infrastructure Investment
14 $234,481,802 Campaign Monitor Insight Venture Partners Software & Services Investment
15 $225,000,000 Pure Storage Consortium Software & Services Investment
16 $210,000,000 Flipkart Consortium Ecommerce Investment
17 $200,000,000 LY.com Ctrip Transactions Investment
18 $200,000,000 Pinterest Consortium Media Investment
19 $200,000,000 Mogujie Consortium Media Investment
20 $195,000,000 China South City Holdings Tencent Transactions Investment

More information

  1. Uber Closes $1.2BN Financing Round (FinSMEs)
  2. India’s Flipkart Raises $1 Billion, Among The Largest In Single Funding Round In Global E-Commerce (Forbes)
  3. Cloudera raises $900 million, plots expansion (ZDNet)
  4. Airbnb closes $475 million funding round (Fortune)
  5. PLDT Invests $445M In Rocket Internet To Develop Online Payment Services For Emerging Markets (TechCrunch)
  6. Palantir receives $444.2M private equity funding (SEC.GOV)
  7. Delivery Hero, Hungry For Growth, Orders Up Another $350M In Funding (TechCrunch)
  8. Dropbox Raises $325M in Funding, SEC Filing Reveals (FinSMEs)
  9. Alibaba Sinks $215 Million Into Messaging App Tango, Valuing It At More Than $1 Billion (Forbes)
  10. PetHub Receives R$600m Investment (em português) (Lavca.org)
  11. Dropbox Raises $250M; Valued at $10Billion (FinSMEs)
  12. Lyft Raises $250 Million Series D To Fight The Car Wars (Forbes.com)
  13. Jawbone raises $250 million, valuing company at $3.3 billion (Reuters)
  14. Campaign Monitor partners with Insight Venture Partners (Campaign Monitor)
  15. Pure Storage Raises $225 Million at a $3 Billion Valuation (Recode)
  16. Flipkart Raises $210M In New Funding From DST Global And Returning Investors (TechCrunch)
  17. China’s Ctrip invests over $200 million in an online ticketing site (Tech In Asia)
  18. Social bulletin board Pinterest raises $200M with a $5B valuation (updated) (VentureBeat)
  19. Social Shopping Platform Mogujie Raises $200 million Funding at a Valuation of $1 billion (TechNode)
  20. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)