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Naspers, Innova Capital back Movile with $82 million

To hear Naspers and the Latin American marketplace developer Movile tell it, food is the thing to make a company king in international markets. Naspers, a South African-based global investor and media conglomerate, has joined the private equity firm Innova Capital to funnel another $82 million into Movile — primarily to increase Movile’s …

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GM launches Marketplace for in-car shopping and reservations

GM is making it possible to shop right from your vehicle’s infotainment system, while on the go. The carmaker is pushing out an update for model year 2017 and later vehicles, which will go out to all cars even if the owner doesn’t have a paid in-car Wi-Fi data subscription, …

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High-end Brazilian job recruitment marketplace Revelo raises $4.6 million

Revelo, a job marketplace that puts the responsibility on companies to contact candidates, has raised $4.6 million in its latest financing. The company, unlike traditional job boards, puts high-end, high-profile Brazilian job seekers at the center of the search, and makes companies reach out to them. Its latest round was led …

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eBay takes on The RealReal and other fashion resellers with launch of authentication program

eBay is going after high-end clientele in search of luxury goods with today’s launch of eBay Authenticate, a new program that will allow sellers to opt in to have their goods verified as authentic. Initially, the service will focus on luxury handbags and wallets across 12 high-end brands, including Louis Vuitton, …

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