DarwinSuzsoft Closes $48 Million in Financing to Fuel in IT Outsourcing to China Market
An interesting move in IT outsourcing to China. Motivation? Neil Garfinkel, a founding partner of Francisco Partners, said China’s
large pool of technical talent, its modern infrastructure and its
tremendous cost position make China a compelling choice as a technology
outsourcing destination for US and multinational companies. The full press release is here.
Virgin America: Like a Multimillion-Dollar IPod. That Flies.
Virgin America launched its U.S. air service yesterday, and immediately staked a claim as the most geek-friendly airline yet invented. It's also one of the most comfortable and pleasant to fly in -- and it's reasonably priced.
Wired's full blog post is here.
Alibaba.com IPO Confirmed
The ecommerce group finally decided to go IPO. Where it will be listed? Hongkong, the leading hightech stock exchange in Asia.
Chinese e-commerce group Alibaba has confirmed preparations for an IPO of Alibaba.com.
Alibaba.com shares will be listed... in the third quarter and the IPO is expected to raise US $1 billion. Alibaba has said that they would be using the additional capital to expand their international footprint.
Comments