Federal Trade Commission (FTC) Chairman Joseph Simons said that if Facebook has plans to merge Instagram and WhatsApp more closely into its ecosphere, it could...
Sources have revealed that Alibaba will acquire NetEase’s cross-border online shopping platform. One source told the Financial Times that Alibaba could pay around $2 billion...
Payment technology firm Nuvei, a portfolio company of Canadian private equity firm Novacap, acquired omnichannel payments firm SafeCharge International Group for $889 million, Novacap said in...
FairFX, a subsidiary of international payments firm Equals Group, has acquired Hermex International Limited (HermexFX) for £2 million ($2.4 million), Equals Group said in a...
Uber CEO Dara Khosrowshahi said Uber almost acquired premium food delivery service Caviar, but ultimately decided against it, according to a report by CNBC. He...
Snap, the money-losing parent company of Snapchat, is issuing $1 billion in convertible debt for working capital and future acquisitions, CNBC reported Tuesday (Aug. 6)....
Walmart is considering selling off Modcloth. “I can confirm that Walmart has received outside interest from buyers for Modcloth,” Silvia Mazzucchelli, Modcloth’s CEO, told Glossy....
A payments service provider based in the U.K., moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum,...
The dog days are summer are here – and so is the end of another busy week in payments and commerce. In this latest edition...