The company has sold its China-based online marketplace, Yihaodian, to JD.com for $1.5bn. Today's deal marks the third $1bn-plus exit for an e-commerce asset in the past 12 months, equal to the number of those deals in the previous nine years combined.
With the purchase of VoIP service FreedomVoice for up to $47m, GoDaddy has obtained another cloud-based service that it can sell to its existing base of more than 14 million small businesses.
The company is targeting the small-business market with additional services to bolt onto its core hosting capabilities with today's $42m pickup of hosted VoIP provider FreedomVoice.
GM accelerates its push into driverless vehicles with the pickup of self-driving car systems maker Cruise Automation. The race to be first to market with automated driving technology is crowded, and includes traditional automakers like GM and Toyota as well as technology titans such as Google and Apple.
Activision Blizzard chomps into the mobile games market, paying $5.9bn for 'Candy Crush' casual game maker King Digital Entertainment. The deal immediately makes Activision one of the leaders in mobile gaming – its challenge will be to reinvigorate the 'Candy Crush' franchise and help King develop new breakaway mobile gaming hits.
Online food-ordering companies have acquired a taste for international fare lately. Takeouts of these businesses are on a tear, and all of the action is happening outside the US.
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