News

Investments
Private Equity Co. Eyes Investing In India’s Jio Platforms
May 10, 2020

General Atlantic (GA) is said to be negotiating an $850 million to $950 million deal for a stake in the Indian telecom company Reliance Jio, Bloomberg said in a report on Friday (May 8), citing sources acquainted with the negotiations. Get the Full Story Complete...

Partnerships / Acquisitions
Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead
May 10, 2020

American Express Global Business Travel, seeing its sales more than halved from the pandemic, could now also lose out on a purchase by private equity firm Carlyle Group and Singapore-based GIC, a sovereign wealth fund. Get the Full Story Complete the form to unlock this...

International
As China’s Unemployment Rises, Consumer Spending Headwinds?
May 08, 2020

You’d be forgiven for being preoccupied with headlines and news stories focused on surging U.S. employment. 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...

Retail
Impossible Foods’ COVID-19 Impacts Mitigated By Drive-Thrus, DTC Sales
May 08, 2020

Impossible Foods’ restaurant business has been impacted by the coronavirus, but Pat Brown, the company’s CEO and founder, said in a televised interview that it has not been affected as negatively as “the industry at large.” He said the result was partly because “a number of...

Retail
Retailers Work To Convince Consumers It’s Safe To Shop In Stores
May 08, 2020

As they navigate the coronavirus pandemic and begin to reopen stores, large retailers are putting safety measures into place to keep shoppers and staff members safe — and get customers confidently back into stores. Get the Full Story Complete the form to unlock this article...

Investments
Vista Equity Injects $1.5B Into India’s Jio Platforms
May 08, 2020

Jio Platforms Ltd., India’s largest mobile operator, announced it is raising 113.67 billion rupees ($1.5 billion) from Vista Equity Partners, the U.S. private equity firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
Gaming Disbursements, Fitness Studios, Georgia’s Reopening Top This Week’s News
May 08, 2020

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives gaming disbursements and fitness studios in addition to Georgia’s move to reopen. Get...

News
Today In Payments: Samsung Pay Launches Debit Card; Apple Introduces New eCommerce Portal
May 08, 2020

In today’s top news, Samsung Pay is launching a debit card and a money management tool, and Apple has introduced a new ecommerce portal. Plus, Frank Bisignano has been promoted to CEO of Fiserv. Get the Full Story Complete the form to unlock this article...

Retail
NFL Unveils 2020 Schedule But Questions Persist
May 08, 2020

Are you ready for some football? 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...