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Exclusive: Wayfair raises around $150 million in funding

Exclusive: Wayfair raises around $150 million in funding

SAN FRANCISCO (Reuters) – Wayfair, the online home-furnishings site, is raising around $150 million at a valuation of around $2 billion, according to a person familiar with the matter, underscoring the appeal of select online retailers. The funding comes as rival One King’s Lane said Thursday it raised $112 million at a valuation of $912 [...]

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Exclusive: Wayfair raises around $150 million in funding

Exclusive: Wayfair raises around $150 million in funding

SAN FRANCISCO (Reuters) – Wayfair, the online home-furnishings site, is raising around $150 million at a valuation of around $2 billion, according to a person familiar with the matter, underscoring the appeal of select online retailers. The funding comes as rival One King’s Lane said Thursday it raised $112 million at a valuation of $912 [...]

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Experts predict Lenovo’s U.S. buys will pass regulatory muster

Experts predict Lenovo’s U.S. buys will pass regulatory muster

WASHINGTON (Reuters) – U.S. officials are likely to allow China’s Lenovo Group to buy IBM’s low-end server business and Google Inc’s Motorola Mobility handset business if it agrees to concessions aimed at protecting U.S. national security, experts said. Computer maker Lenovo has advantages over other Chinese companies that should help it overcome the mutual suspicion [...]

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