International

International
TikTok Marks European Growth As Clouds Loom Over US Operations
September 14, 2020

TikTok announced on Monday (Sept. 14) that it has surpassed passed 100 million users in Europe, news that comes amid rising uncertainty over the fate of its operations in the United States. Get the Full Story Complete the form to unlock this article and enjoy...

International
Alibaba Eyes $3B Investment In Ride-Hailing Giant Grab
September 14, 2020

Alibaba Group, the Chinese eCommerce behemoth, is reportedly in talks to invest $3 billion in Singapore-based Grab Holdings, which is best known for its ride-hailing business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Mnuchin Mum On Oracle, TikTok Deal
September 14, 2020

U.S. Treasury Secretary Steven Mnuchin declined to provide much detail on Oracle Corp.’s winning bid for TikTok’s U.S. operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

International
Oracle Officially Named As TikTok’s U.S. ‘Technology Provider’
September 14, 2020

Oracle Corp., the Redwood City, Calif.-based software and technology giant, has confirmed that it has been selected by ByteDance to be the “trusted technology provider” that will take over Chinese-based TikTok’s U.S. operations. Get the Full Story Complete the form to unlock this article and...

International
Report: Oracle Winning Bidder Of TikTok, Microsoft Out
September 13, 2020

Oracle Corp. beat Microsoft Corp. in a bid to take over TikTok’s video-sharing app’s U.S. operations Sunday (Sept. 13) days before President Donald Trump threatened to shut it down, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...

International
Report: Chinese Govt Stands Against Forced Sale Of TikTok
September 11, 2020

The People’s Republic of China would rather shutter TikTok’s U.S. headquarters than sell it to an American company, sources told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

International
TikTok May Stay With ByteDance Beyond Trump Deadline
September 10, 2020

A clash between a Trump administration order and a new Chinese regulation is likely to delay ByteDance’s planned divestiture of its U.S. TikTok operation, Bloomberg reported Thursday (Sept. 10), citing anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy...

International
Amazon-Reliance Tie-Up May Transform India’s eCommerce Landscape
September 10, 2020

The old saying goes: The enemy of my enemy is my friend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

International
IRS Sends Stimulus Checks To Hundreds In Austria
September 10, 2020

Dozens of U.S. stimulus checks have allegedly been incorrectly mailed to residents of Austria, according to a report by The Washington Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...