News has broke that Softbank, a Japanese telecommunications and internet corporation, together with the GungHo, the Japanese developer of Puzzle Dragon, have teamed up to buy a 51% stake in Supercell for $1.5 billion, putting Supercell's valuation at over $3 billion.
In a story with clear parallels to Amazon.com's purchase of Zappos, OZON, Russia's largest online retailer has purchased Sapato.ru, an online shoe and accessories retailer. Sapato.ru was the first company funded by Fast Lane Ventures, and has also become the first exit by Russia-focused venture firm. OZON was able to acquire the shoe retailer after it raised $100 million last September. The purchase price of Sapato.ru has been not been disclosed.