News

IPO
Report: Airbnb Aims To Land $3B By Going Public
October 02, 2020

As it capitalizes on the unforeseen sharp rebound in its business, Airbnb Inc. is seeking to bring in roughly $3 billion in funding through an initial public offering (IPO), Reuters reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article...

News
Today In Payments: ECB Outlines Use Cases For Digital Euro; Goldman To Pay $2.5B For...
October 02, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. Plus, Walmart is partnering with Clover Health for its new health centers. Get the Full Story Complete the form to unlock...

Investments
Greenbriar Equity Leads $500M Investment In Uber Freight
October 02, 2020

Greenbriar Equity Group L.P., a New York investment firm in the logistics sector, led a $500 million Series A preferred stock financing for Uber Freight, putting its value at $3.3 billion, Uber Technologies Inc. announced Friday (Oct. 2). Get the Full Story Complete the form...

IPO
David Beckham Scores With Guild Esports IPO
October 02, 2020

Three months after its global launch, soccer star David Beckham’s startup Guild Esports has been listed on the London Stock Exchange (LSE), valued at about 40 million pounds ($52 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Today In Payments Around The World: Amazon Invests In India Unit; Russia-Based eCommerce Firm Ozon...
October 02, 2020

In today’s top news in payments around the world, Amazon reportedly infused $152 million into its India Amazon Seller Services unit, while Russia-based online shopping firm Ozon is reportedly getting ready to file for an initial public offering (IPO). Plus, Mitek and Digidentity have teamed to help...

Partnerships / Acquisitions
Walmart To Sell UK Asda Supermarket Chain For $7.9B
October 02, 2020

Asda Group Ltd, the British supermarket retailer; TDR Capital, the London-based private equity firm; and EG Group, a global convenience retailer announced on Friday (Oct. 2) that they have agreed to acquire Asda, Walmart Inc.’s U.K. grocery chain, for 6.8 billion pounds ($7.9 billion). Get...

Retail
American Dream Mall Reopens Under Financial Cloud
October 02, 2020

Seventeen years after ground was first broken on the project, Triple Five Group has reopened the American Dream mall in East Rutherford, N.J., outside New York City. Right from the start, the project has been a symbol of the mall format’s troubles as it has...

Retail
Home Depot Shows Pro Loyalty With New App Integration
October 02, 2020

Mobile apps are having a moment this week, with Walmart announcing it will make its app symbol part of its official signage, and Home Depot giving a mobile-first edge to its new loyalty program. Get the Full Story Complete the form to unlock this article...

Retail
MainStreetEXPO.com Aims To Help Small Merchants With New Platform
October 02, 2020

Registration is open for small merchants at MainStreetEXPO.com, a website created to assist local companies with selling to a larger market, according to a Friday (Oct. 2) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...