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Gold Rush To Fund Amazon Aggregators Dries Up | Marketplace Pulse

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Purple rejects takeover, Nick Kyrgios invests, $20M for Boxed

Dealboard has details on acquisitions in CPG and social marketing.

Purple rejects takeover, Nick Kyrgios invests, $20M for Boxed

Nick Kyrgios (www.flickr.com)

This week, there are new investment funds for QR codes and ecommerce software. Plus, Purple rejects a takeover bid, and a tennis star gets a voice with a beverage startup.

Tennis star Nick Kyrgios took an equity stake in Alive, a no-sugar probiotic soft drink developed by Australia’s Gen U Brands. Kyrgios will help the startup brand raise its profile, and is also offering business advice. “As an international citizen, so to speak, he brings a different perspective to the business,” CEO Andrew Blew told Business News Australia.

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