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Wal-Mart buying Jet.com to lift online sales, battle Amazon Wal-Mart Stores Inc, vying to better challenge Inc, will pay about $3 billion for internet retailer Jet.com   and its innovative pricing software in the largest-ever deal for an   e-commerce start-up. The deal disclosed on Monday follows a five-year e-commerce acquisition spree in which Wal-Mart , the world's biggest traditional retailer, has already bought 15 start-ups, seeking the talent and technology needed to make it a dominant player online and narrow the massive gap with market leader   Amazon . Wal-Mart's online division has underperformed against Amazon, posting its slowest growth in a year in the first quarter as it struggled to gain traction with consumers, especially millennials. Jet.com   was launched by internet entrepreneur Marc Lore in July 2015 and includes software that can offer a customer lower prices as they add items to their shopping cart. Wal-Mart has said it would integra...

InMobi, a fledgling mobile ad network back in 2011, was out in the market to raise $25 million when Japanese investor  Softbank  decided to sink $200 million for a 35 per cent stake in the company. The firm jumped at the opportunity, took the money, and expanded rapidly. Three years later, in 2014, Softbank wrote down a majority of its investment. BACK TO BASICS 92%  VCs believe valuations for series B, C and D rounds will drop 62%  investors believe exit valuations will come down this year 92%  believe more strategic investors will do deals this year 46%  VCs believe that there will be increased focus on profitability this year 70%  VCs believe the seed stage will see the most activity in the current year Source: VCCircle PE-VC Outlook Survey 2016 Show full article