UJET startup speed up customer support raises $25M UJET startup speed up customer support: GV (GOOG, GOOGL) led a $25M Series B round in customer support software startup UJET. Other participants included Citi Ventures, Kleiner Perkins, and DCM Ventures. The round brings total fundraising to over $45M. UJET software connects customers to support agents through […]
Global Market Trends
What is a Market
Market News Gives An outlook of where the Market has Been and where It appears to be Going Attempt to Show a path in the Best Possible Direction A market is a medium that allows buyers and sellers of a specific good or service to interact in order to facilitate an exchange. This type of market may either be a physical marketplace where people come together to exchange goods and services in person, as in a bazaar or shopping center, or a virtual market wherein buyers and sellers do not interact, as in an online market.
Markets may come in the form of physical locations where transactions are made, which may exist as anything from thrift or boutique stores selling individual items to wholesale markets selling goods to other distributors. Yet, markets do not necessarily need to be a physical meeting place. Internet-based stores and auction sites are all markets in which transactions can take place entirely online and where the two parties do not ever need to physically meet. Technically speaking, a market is any medium through which two or more parties can engage in an economic transaction, even those that do not necessarily need to involve money. A market transaction may involve goods, services, information, currency or any combination of these things passing from one party to another in exchange for one of these or another combination.
Because of the reduced position of government in a free market economy, forces within the market often gain power over the economy instead. Without certain regulations, this can lead to monopolies, monopsonies, oligopolies or oligopsonies, which may distort the forces of supply and demand – and thus price as well – within the economy in question. In certain conditions, such situations may result in certain negative externalities, such as pollution and other forms of environmental degradation. Such situations may also have the additional effect of reducing the efficiency and productivity of processes within the market.
India Self Drive Cars Rental Zoomcar raises $40M led by Mahindra & Mahindra Self Drive Cars Rental Zoomcarl: Ford (NYSE:F) was among the returning investors in a $40M Series C round in Indian on-demand car rental company Zoomcar. Mahindra & Mahindra (OTCPK:MAHDY) led the round and has a 16% stake in the startup. The round brings Zoomcar’s valuation […]
Payment processor YapStone is raising $100M PayPal, Stripe in market payment Payment processor: MasterCard (NYSE:MA) was among the investors in a $71M Series C funding for marketplace business payment service YapStone. The Series C round will ultimately total $200M with the current contribution bringing YapStone’s valuation to around $500M. Total fundraising totals $187M. Premji Invest […]
Gaming spin Kakao raises $437M for Korean ride-hailing service Gaming spin Kakao: Tencent (OTCPK:TCEHY, OTCPK:TCTZF) was among the investors in a $130M pre-IPO round in Korean messaging company Kakao’s standalone games unit. Other investors in Kakao Games included Netmarble Games (also backed by Tencent), Actozsoft, Bluehole Studio (producer of PlayerUnknown’s “Battlegrounds”), and Premier Growth. Gaming spin Kakao Kakao spun out […]
Grocery gains Instacart closed on $200 million funding Venture capital Grocery gains Instacart: Amazon (NASDAQ:AMZN) competitor Instacart raised $200M in Series E financing. Coatue Management led the round with Glade Brook Capital Partners and existing investors. The round brought Instacart’s valuation up to $4.2B and total fundraising to $874.8M. Instacart has nearly 200 grocery partners and is available […]