Westside Rentals Sells to CoStar’s Apartments.com, Flipagram Acquired by Chinese Company, L.A. Region Leads Nation in Business Startups, and more.

Westside Rentals Sells to CoStar Group

Westside Rentals was acquired by CoStar Group Inc., a real estate data service in Washington D.C. that operates Apartments.com., reports the Business Journal. Terms of the deal were not disclosed.

Flipagram Acquired by Chinese Company

Flipagram, which developed a slide-show app, was sold to Chinese news aggregator Toutiao, reports Recode. The company raised a $70 million round in 2015, but its investors were just looking to break even, according to a source.

L.A. Region Leads Nation in Business Startups

The Los Angeles-Orange County region leads the nation in business startups, according to a report released Wednesday from the Economic Innovation Group, reports the Business Journal. Between 2010 and 2014, the Los Angeles-Long Beach-Anaheim metropolitan area generated an annual average of 21,870 business startups, by far the largest number of any metropolitan region in the nation.

Tastemade Opens a Studio in the United Kingdom

Tastemade, a food and travel entertainment producer, has opened a production studio in the United Kingdom, reports DigiDay. About a 60 percent of the company’s video views come from outside United States, and it has offices in Sao Paulo, Buenos Aires and Tokyo.

Send tips on L.A. tech companies and startups to reporter Garrett Reim via greim@labusinessjournal.com. Follow @garrettreim on Twitter for the latest in L.A. tech news.

For reprint and licensing requests for this article, CLICK HERE.