In their latest filing with the Securities and Exchange Commission clarifying the Chinese e-retailers forthcoming U.S. IPO, chairman Jack Ma more fully explained the circumstances under which Alipay—the erstwhile payments arm of the company—was spun off from the core business. Get the Full Story Complete...
Awkward silence, embarrassing inability to do grade-school math, angry recriminations about who did and did not eat that appetizer—these are the hallmarks of the experience that ruins countless meals every day in the United States, when groups of otherwise intelligent people discover that doing Bistro Math...
The Securities Industry and Financial Markets Association (SIFMA) - worries that the U.S. banking system is dangerously vulnerable to acts of cyber-warfare that could fundamentally damage the entire economy. To head off the threat, the organization wants to see banking executives, federal officials and security...
Microloan and financing company Kreditech has closed a $40 million Series B funding round, the largest ever for a German financial services tech company. The round is also one of Germany’s largest for 2014. Värde Partners led the round and was joined by two previous...
There is nothing more American than the site of an ice cream truck rolling by and a gang of small bathing-suit clad children running behind it. However, while no one would disagree that the Ice Cream truck is iconic—very few people would ever point to...
NewEgg has been a staple on the consumer electronics stage now for years and recently made a decision to open its online marketplace to third-party sellers. It also struck a deal to bring in data management and metrics into its marketplace system.
The closing days of Q2 2014 and the dawn of Q3 has seen the cross-border eCommerce world shaken up twice—first with Stripe’s deal with China’s Alipay and then with yesterday’s announcement that Ingenico is acquiring GlobalCollect. BlueSnap CEO Ralph Danglemaier tells MPD CEO Karen Webster...
B2B sales and relations are expected to grow as more companies seek out their objectives to expand and diversify, an emerging trend this year discovered in a recent analysis of 10,000 firms globally. But first they need partners to help in the process. Guess what...
Moven wants to make it easier for users to manage their spending with their smartphones by offering app-based money management tools. Investors are taking notice, the company just closed a Series A funding round led by SBT Venture Capital that leaves the startup $8M richer....
