acquisitions

ResTech Providers Shift Focus from Consumers’ Needs to Restaurants’

ResTech Providers Shift Focus from Consumers’ Needs to Restaurants’
ResTech Providers Shift Focus from Consumers’ Needs to Restaurants’
October 22, 2021  |  ResTech

In 2020, much of the focus of restaurant technology businesses was on offering restaurants ways to maintain their customers in the face of pandemic-related challenges....

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Restaurant Platform Olo to Buy Data Firm Wisely for $187M
Restaurant Platform Olo to Buy Data Firm Wisely for $187M
October 21, 2021  |  Partnerships / Acquisitions

Olo, an on-demand commerce platform powering the restaurant industry’s digital transformation, will buy customer intelligence and engagement platform Wisely, according to a Thursday (Oct. 21)...

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Twitter Buys Chat App Sphere
Twitter Buys Chat App Sphere
October 21, 2021  |  Partnerships / Acquisitions

Twitter on Thursday (Oct. 21) acquired chat app Sphere for an unspecified amount, according to a CNBC report cited by Engadget, which notes Sphere is...

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MFS Africa Acquires Baxi Parent Company Capricorn Digital
MFS Africa Acquires Baxi Parent Company Capricorn Digital
October 21, 2021  |  Partnerships / Acquisitions

MFS Africa on Thursday (Oct. 21) announced it has signed an agreement to acquire Nigerian digital solutions and distribution company Capricorn Digital, the parent company...

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PayPal’s Interest in Pinterest Adds Social Commerce to Super-App Vision
PayPal’s Interest in Pinterest Adds Social Commerce to Super-App Vision
October 21, 2021  |  Retail

PayPal may soon be making a social commerce purchase, though likely on a larger scale than consumers buying many items: The financial services company is...

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Blackstone Snags Spanx Majority Ownership
Blackstone Snags Spanx Majority Ownership
October 21, 2021  |  Retail

Blackstone Inc. is buying a majority stake in women’s shapewear company Spanx Inc. in a move that puts Spanx’s value at $1.2 billion, according to...

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PayPal Said to Be Negotiating Pinterest Buy
PayPal Said to Be Negotiating Pinterest Buy
October 20, 2021  |  Social Commerce

PayPal Holdings Inc. is having discussions about buying social media platform Pinterest, people familiar with the talks told The Wall Street Journal on Wednesday (Oct....

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Bitcoin Daily: UK Crypto Custodian Firm Copper Nears Unicorn Status; Bitcoin Hits New High as Jack Dorsey Tweets Support
Bitcoin Daily: UK Crypto Custodian Firm Copper Nears Unicorn Status; Bitcoin Hits New High as...
October 20, 2021  |  Bitcoin

Copper, a British cryptocurrency startup, is in the middle of a funding round and trying to raise up to $500 million, The Block reported. Get...

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Restaurant Payment Startup sunday Acquires CHK PLZ to Drive Expansion
Restaurant Payment Startup sunday Acquires CHK PLZ to Drive Expansion
October 20, 2021  |  Partnerships / Acquisitions

Restaurant payment startup sunday has acquired contactless payments firm CHK PLZ to advance expansion across North America, according to a press release on Wednesday (Oct....

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