News

IPO
ByteDance Explores IPO For Douyin, China’s Version Of TikTok
October 26, 2020

Douyin, the Chinese version of TikTok, could hit the markets as a publicly-traded company under plans being pursued by its parent company, ByteDance, new reports find. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Today In Payments: Commercial Real Estate Prices Threaten Bank Losses; Dunkin’ In Talks To Go...
October 26, 2020

In today’s top news, plummeting commercial real estate prices could result in steep loan losses, and Dunkin’ is in talks to be acquired by Inspire Brands. Plus, Skipify and Google partnered to bring shopping features to Gmail. Get the Full Story Complete the form to...

Partnerships / Acquisitions
Future Retail, Reliance Deal Held Up By Amazon Claim
October 26, 2020

The $3.4 billion offer by Reliance Industries to purchase Future Retail has been stayed by the Singapore International Arbitration Centre (SIAC) in response to a claim filed by Amazon, according to a Reuters report on Monday (Oct. 26) that cited sources.  Get the Full Story...

News
Today In Payments Around The World: Flipkart Backs Fashion Retailer With $204M Investment; Ripple Considers...
October 26, 2020

In today’s top payments news around the world, Flipkart is investing $204 million for a part of Aditya Birla Fashion and Retail Limited, while Ripple is mulling moving its headquarters abroad. Plus, Ant Group has reportedly filed papers for its much-anticipated initial public offering (IPO). Get the...

International
PwC Executive Says US Firms To Curb Reliance On China Suppliers
October 26, 2020

Talk of a major reshuffling in international trade continues to build as more companies eye global supply chains, opening up opportunities for American manufacturing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Ant Group Seizes Moment, Files For $34.4B Blockbuster IPO
October 26, 2020

Investors have been increasingly eager for FinTech company Ant Group to file for an initial public offering of stock, which could be the biggest IPO ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Dunkin’ Privatization Bid Points To Caffeinated Competition
October 26, 2020

News that Dunkin’ Brands might be taken private in an $8 billion deal with a 20 percent premium suggests that investors could be seeing value in restaurant and retail chains that are reinventing themselves in the post-COVID era. Get the Full Story Complete the form...

Regulation
EU Big Tech Legislation Gets Backlash From Booking.com
October 26, 2020

Brussels-based Booking.com is speaking out against the European Union’s plans to regulate the reservation site as a “gatekeeper” in the hotel industry, according to a report in the Financial Times.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
MerchantE: An Appetite For Pandemic Risk
October 26, 2020

“COVID-19 has been a sobering reminder that pandemic risk is real, and it can dramatically affect an organization’s risk profile and resiliency,” notes MerchantE Executive Vice President of Risk and Compliance Eric Haru. He discusses the importance of managing pandemic risk and having a “refined...