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.
Australian taxi app and mobile payments platform startup Ingogo is one step closer to listing publicly, with the company expecting to close a new AU$12 million funding round by May.
Australian online email marketing firm is planning a host of new product launches over the next year after it received a record-breaking AU$268 million investment from US venture capital firm, Insight Venture Partners.