Russian e-commerce giant Ozon acquires stake in e-book store

Yesterday Ozon Holdings, one of Russia’s most established e-commerce players, announced that it acquired a stake in LitRes, the leader in Russia’s fast growing — though still embryonic — domestic e-book market. Neither the size of the stake nor the amount of the transaction has been disclosed.

Chinese digital marketing company AdSame raises $30M, plans U.S. IPO

Chinese intelligent digital marketing service AdSame announced today that it has secured a new round of $30 million funding led by Pacific Venture Partners and Dream Capital Group, and followed by existing investors of Matrix Partners and Vertex Ventures etc. The company added that it plans to launch an initial public offering in the U.S. market in 2015.