China’s smartphone market shrank by 4 percent year over year in 2015’s first quarter, with 98.8 million units shipped, research firm IDC reported Monday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A consortium of investors, including PayPal co-founder Peter Thiel, will put as much as $25 million into the Indian digital and mobile payments solutions company Citrus Pay, The Economic Times reported Monday (May 11). Get the Full Story Complete the form to unlock this article...
Tough times may be ahead for online marketplace eBay, as Facebook is currently testing out a new news feed option that shows a unified view of items on sale across user groups. It also adds a search function so that Facebookers can look for goods across...
Mutual fund giant Fidelity is in talks with Blue Apron about the possibility of a buy-in during the startup’s current funding round. The meal-kit delivery service is trying to raise $100 million during this round – on a valuation of around $2 billion, according to The...
Investors were dropping Etsy stock like it was hot yesterday (May 11) afternoon following analysts’ warnings that as many as 2 million goods for sale on the arts and crafts marketplace are either fakes or violating trademarking laws. If that figure is correct, it would represent...
Money-On-Mobile, Calpian’s Mumbai subsidiary, increased transaction processing volume to 2.012 billion Indian Rupees ($31.9 million) in April — an increase of 14.1 percent over March’s levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The next round of funding that Uber receives could drive the startup into rarefied status. 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,...
Alibaba is looking at taking a “significant stake” in India smartphone maker Micromax, according to several financial news outlets. 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...
Pinterest has secured another big round of funding. This time, the funding series was led by new investors Goldman Sachs and Wellington Management Company, with the help of current investors Andreessen Horowitz, Bessemer Venture Partners, FirstMark Capital, SV Angel, Valiant Capital Management and Fidelity Investments, Re/code...
