acquisitions

EU Seeks Pledge From Google Prior To Sealing Fitbit Deal
EU Seeks Pledge From Google Prior To Sealing Fitbit Deal
July 23, 2020  |  ANTITRUST

Google will have to make “major concessions” to win speedy European Union approval of its planned purchase of Fitbit, the Financial Times reported on Thursday...

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Amazon Looks To Snag 9.9 Pct Stake In Reliance Retail
Amazon Looks To Snag 9.9 Pct Stake In Reliance Retail
July 23, 2020  |  Partnerships / Acquisitions

Amazon is in early-stage discussions to acquire a 9.9 percent stake in Reliance Retail Ltd., a unit of India’s Reliance Industries, The Economic Times reported,...

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Flipkart To Acquire Walmart’s India Wholesale Business
Flipkart To Acquire Walmart’s India Wholesale Business
July 23, 2020  |  Partnerships / Acquisitions

Wal-Mart India Private Limited, which operates the Best Price wholesale business in India, will be acquired in its entirety by Flipkart Group. Get the Full...

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Should eBay Buy Overstock?
Should eBay Buy Overstock?
July 20, 2020  |  Partnerships / Acquisitions

After a boardroom battle in which one side wanted eBay to get back to its roots, the company was rewarded Monday (July 20) by word...

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Uber Buys Transit Software Provider Routematch
Uber Buys Transit Software Provider Routematch
July 16, 2020  |  Partnerships / Acquisitions

Uber Technologies Inc. said Thursday (July 16) it has acquired Routematch, a software company that collaborates with more than 500 transit systems worldwide. Get the...

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Google Caves On Data To Get Fitbit Merger Approval
Google Caves On Data To Get Fitbit Merger Approval
July 13, 2020  |  Google

Google, trying to meet regulators halfway, offered to pledge not to use fitness data to help it target ads in its purchase of Fitbit, Reuters...

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This Week In Payments: Retail’s Digital Shift, Uber To Buy Postmates, The Digital Yuan Advances
This Week In Payments: Retail’s Digital Shift, Uber To Buy Postmates, The Digital Yuan Advances
July 10, 2020  |  News

There was no shortage of news in payments and commerce this week, but perhaps the biggest news that didn’t make a headline was that this...

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One7 Buys Rapidoo To Broaden Cash Flow Access For SMBs
One7 Buys Rapidoo To Broaden Cash Flow Access For SMBs
July 09, 2020  |  B2B Payments

One7 has bought FinTech Rapidoo in a bid to expand in the Brazilian market and offer more cash flow options to small- to medium-sized businesses...

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Uber-Postmates Deal Shows Food Delivery Is Consolidating Like Pac-Man
Uber-Postmates Deal Shows Food Delivery Is Consolidating Like Pac-Man
July 06, 2020  |  Partnerships / Acquisitions

Call it a real-life version of Pac-Man. Word emerged on Monday (July 6) that Uber is buying Postmates for nearly $2.7 billion in stock – the latest...

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