Tag: Bank of America Merrill Lynch

e-Commerce funding falls to 3-yr low of $300 mn

Money raised by internet companies dropped to a three-year low in the December quarter, with less than $300 million coming in. In fact, funds were hard to come by in 2016 and the $2.7 billion that was invested was 50% lower than the amount invested in 2015. For a perspective on how cautious inves…