Two Australian internet shopping platform startups, Posse and Beat the Q, have merged with the aim of creating a unified app they are dubbing the 'Uber or Airbnb of shopping'.
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Australia's Freelancer.com has reported a negative cash flow for the fourth quarter ending December 2014, despite record customer receipts for the period.
Australian Shadow Treasurer Chris Bowen has said that a Labor government would work to develop a 'natural partnership' with the local startup industry in a bid to help drive local innovation and overcome emerging economic challenges.
Australian webmail provider Atmail has appointed a new CEO to help with its expansion efforts in the US, Europe and Asia, after receiving a AU$2 million fundraising injection from Starfish Ventures — a far cry from the back of the Land Rover where the company started.
Reports have emerged that Snapchat is seeking a new round of venture capital-backed funding, which could see it valued at $19 billion.
Australian online marketplace startup Oneflare has set its sights on the UK market after securing AU$1 million in its second round of funding, bringing its total investment capital to AU$1.5 million.
Alibaba Group is hoping to strengthen economic ties between Hong Kong and mainland China, with a plan to inject HK$1 billion into a not-for-profit foundation aimed at supporting the city-state's young entrepreneurs.
Australian-founded online crowdsourced security testing startup Bugcrowd is preparing for a period of rapid expansion after completing a $6 million Series A funding round led by Costanoa Venture Capital.
Australia's startup industry players are looking to the federal government's move to make changes to the employee share scheme as the first step among many to 'correct the market failures' that are creating barriers for local technology entrepreneurs.
A joint initiative between the University of Queensland’s ilab incubator and Artesian Capital Management is set to pump AU$10 million into the state’s early stage tech startup scene.