Youtong Trading (Coterie) has raised CNY100m ($14.55m) through a series C funding round.
Coterie is an eyeglasses retailer with approximately 40 boutique outlets in shopping centres.
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Venture capital and private equity company ChinaEquity Group provided the funding.
Both the companies involved in the transaction are based in China.
Avenue Supermarts plans to issue commercial papers to the public to raise Rs700m ($9.69m).
Based in India, Avenue Supermarts is a retail operator that owns the D-Mart brand. It offers a wide range of basic home and personal products.
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By GlobalDataPublic Goods has secured $3m through a seed funding round led by Yes VC and participated by Listen Ventures, Day One Ventures and existing investors.
Public Goods sells home goods products directly to consumers.
All the companies involved in the transaction are based in the US.
Feelunique is set to launch Chinese e-commerce platform Secoo with the help of a partner.
Based in Europe, Feelunique is an online beauty retailer that offers makeup, haircare, skincare and fragrance products.
The partnership enables Feelunique to access Secoo’s customer base of more than 20 million affluent clients.
The customers can place orders through Secoo stores and will receive the deliveries from Feelunique’s distribution centre situated in Hong Kong.
Flipkart Internet has received Rs34.62bn ($476m) in funding from its parent Flipkart Marketplace, which is based in Singapore.
Flipkart Internet is an Indian e-commerce platform backed by Walmart. It offers consumer electronics, fashion and lifestyle products.
The firm intends to use the funds to improve its sales and fortify its position in the Indian online retail market. It plans to invest approximately $264m in its grocery platform Supermart.
The European Bank for Reconstruction and Development (EBRD) has invested €40m ($46.7m) in the €300m bond issue of Maxima Grupė.
The investment will support capital markets development in the Baltic States.
Maxima Grupė is a unit of Vilniaus Prekyba group, and is one of the largest retail groups in the Baltics and Central and Eastern Europe.
Maxima Grupė intends to use the proceeds of the bonds to acquire Emperia Holding.
Aditya Birla Fashion and Retail (ABFRL) has entered a ten-year service agreement with IBM.
Under the contract, IBM will provide automation solutions to improve ABFRL’s IT infrastructure.
IBM’s automation solutions will help ensure better availability of IT systems and improve employee productivity through self-help solutions and enhanced disaster resilience.
The services will be provided through a private Cloud environment.
The agreement is expected to reduce operating costs, improve productivity and drive business growth for ABFRL.
The Wills Group has completed an acquisition of Tevis Oil’s convenience store business through SMO.
Based in the US, Wills Group is a privately held firm and the parent company of SMO.
The acquisition includes nine Tevis Oil retail locations, which are situated in Northern Maryland and Southern Pennsylvania, US.
The transaction will expand the retail range of Wills Group and SMO to 285 locations in the US. The retail locations of Tevis Oil will be operated by SMO under the Jiffy Mart brand.
Lookers has entered an agreement for the acquisition of Jennings Motor Group.
The acquisition enables Lookers to expand its motor retailing business and fortify its position in the UK and Ireland.
The firm is also looking to acquire other small companies to secure its position in the motor retail market.
GrowGeneration Corp has completed an acquisition of HeavyGardens.com (HG).
GrowGeneration is an operator of speciality retail hydroponic and organic gardening stores. Operating in 19 locations, it sells products to both commercial and home cannabis markets.
HG is an online seller of hydroponic and grow supplies that is expected to generate approximately $5m in sales for GrowGen in the fiscal year ending 2019.
