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    • drwg The Quest TV Competition Turns Fantasy Into Reality Television
Bdxo A Conversation With Y Combinator   s President Sam Altman
 Tencent, Asia   highest valued tech company,聽confirmed to TechCrunch that it led the financing聽as a new investor. It didn ;t, however, disclose whether existing backers   which include Baidu, Sequoia and DCM   also participated in the round, which was first reported by Bloomberg. In our previous report we said the company   valuation had reached $3 billion, but neither it  stanley cups website nor its investors are commenting on that figure.Kuaishou was founded in 2011 and it began life as a destination for photo sharing on mobile. That side of its business has picked up 400 million users but,  stanley cup like other Chinese tech firms and even Western photo apps like Instagram, it has ventured into live-streaming with some success. Ku stanley quencher aishou claims to have reached 50 million daily users, with five million videos uploaded to its service each day.Following the investment,聽Kuaishou said it will work with Tencent and Baidu on product, tech and distribution. It plans to use the capital to invest  Sjei Sand Hill Road   s Consiglieres: August Capital
 eBay saw a 133  vaso stanley percent increase in mobile volume transacted on Thanksgiving, compared to 2011. PayPal says that Thanksgiving 2012 resulted in a more than 2.5-fold  173 percent  increase in global mobile payment volume compared to Thanksgiving 2011.According to PayPal, on Thanksgiving consumers around the world shopped on mobile most frequently between 12:00 p.m. and 1:00 p.m. PST. On Thanksgiving, GSI Commerce stores saw a 170 percent increase in mobile sales, when compared to 2011.PayPal also said that there was a 164 percent increase in the number of global customers shopping through PayPal mobile on Thanksgiving 2012 compared to last year. Shoppers in Houston, Los Angeles stanley quencher , Chicago, Miami and New York made the most purchases via PayPal yesterday.eBay   VP of mobile, Steve Yankovich, told us in an interview this week that eBay users on iOS and Android are spending around the same time on the apps. But the average amount spent on iOS vs. Android is significant stanley cups ly higher, he says.