Global Expansion news and trends

Alibaba Slows Global Expansion Plans as eCommerce Platform Struggles
eCommerce // July 26, 2022

Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on hold as the company has struggled to meet its goals, according to a Financial Times report Tuesday (July 26). Get...

Spanish Food Delivery Startup Glovo Shutters In Four Markets
International // January 22, 2020

Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way, according to reports on Tuesday (Jan. 21). The countries exited include Turkey, Egypt, Uruguay and...

India’s Online B2B Marketplace Beldara To Expand Globally
B2B Payments // January 19, 2020

Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan. 16). The two-year-old startup connects more than 5,000 brands in 30 categories, and has 450,000 products listed on its platform. Get...

Visa’s $5.3B FinTech Play, Wrapped In Plaid
VISA // January 14, 2020

Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps and consumers, Plaid brings new fund flows and payment integration capabilities to Visa. The payments giant sees opportunity to bolster...

Interviews & Exclusives
What Every Small Business Needs to Know Before Going Global

December 12, 2022
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 completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if […]

Visa’s $5.3B FinTech Play, Wrapped In Plaid

January 14, 2020
Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps and consumers, Plaid brings new...

Are Millennials Really Over Revolving Credit?

November 22, 2019
Consumers and their credit providers aren’t always aligned when it comes to best outcomes. For a customer using a revolving credit tool, such as a credit card, the best outcome...

Libra’s Unraveling And The Geneva (Crypto) Convention’s Folly

October 14, 2019
After the mass exodus on Friday (Oct. 11) from the Libra project, the cryptocurrency’s remaining 22 corporate backers are gathering in Geneva, Switzerland to throw their weight behind the new...

Quick Reads
Alibaba Slows Global Expansion Plans as eCommerce Platform Struggles

July 26, 2022
Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on hold as the company has struggled to meet its goals, according to a Financial Times report Tuesday (July 26). Get the Full Story Complete the form to unlock this article […]

Spanish Food Delivery Startup Glovo Shutters In Four Markets

January 22, 2020
Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way,...

Starling Bank To Use £30M Infusion For Consumer, B2B Banking Growth

October 24, 2019
U.K. digital bank Starling Bank announced that it has raised £30 million (more than $38.7 million USD) in a new funding round. Get the Full Story Complete the form to...

Getaround Acquires Nabobil For $12M

June 26, 2019
Carsharing leader Getaround announced that it is expanding its global footprint with its $12 million acquisition of Nabobil. Get the Full Story Complete the form to unlock this article and...