Today in Europe, the Middle East and Africa (EMEA) news, Moneygram announces a new partnership with Jingle Pay, while the European Council officially approves the Digital Services Act. MoneyGram Powers Remittances for UAE’s Jingle Pay App Money transfer service businesses MoneyGram and Jingle Pay have...
Switzerland-based retail technology and payments company Global Blue has acquired a majority stake in post-purchase technology provider Shipup. This investment adds to Global Blue’s mission of building an ecosystem of post-purchase technologies for retailers, and follows its acquisitions of eCommerce returns provider ZigZag Global and...
Switzerland-based technology and payments company Global Blue has secured a $225 million strategic growth equity investment from CK Opportunities Fund, an investment fund co-managed by Certares Opportunities, and Knighthead Opportunities Capital Management, according to a Friday (May 6) press release. Global Blue is planning to...
Tax-free shopping company Global Blue has acquired software-as-a-service firm ZigZag Global to expand its services to include a global eCommerce returns management program. Global Blue raised $70 million, in exchange for common stock issued to new institutional investors, to fund the acquisition, which is expected...
January 17, 2020
In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check fraud spiked 43 percent. China Posts Worst Slowdown In Nearly Three Decades China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990. The country has […]
August 15, 2023
Private equity firm Silver Lake is reportedly exploring selling Global Blue, a company that enables retailers to offer tax-free shopping. This consideration comes after receiving expressions of interest from potential buyers, but there is no certainty that a deal will take place, Reuters reported Tuesday (Aug. 15), citing unnamed sources. Reached by PYMNTS, a Silver […]
October 04, 2022
Switzerland-based retail technology and payments company Global Blue has acquired a majority stake in post-purchase technology provider Shipup. This investment adds to Global Blue’s mission of building an ecosystem of...
May 06, 2022
Switzerland-based technology and payments company Global Blue has secured a $225 million strategic growth equity investment from CK Opportunities Fund, an investment fund co-managed by Certares Opportunities, and Knighthead Opportunities...
March 08, 2021
Tax-free shopping company Global Blue has acquired software-as-a-service firm ZigZag Global to expand its services to include a global eCommerce returns management program. Global Blue raised $70 million, in exchange...
