News

Partnerships / Acquisitions
PayPal Sweetens Shopping Ecosystem With $4B Honey Buy
November 20, 2019

PayPal has announced that it’s going to acquire Honey Science Corporation, a shopping discount and rewards platform. 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...

Delivery
Sales Tax Discrepancies Found In Food Delivery Space
November 20, 2019

Food delivery services like Grubhub need to charge more for sales tax and aren’t doing so, according to company CEO Matt Maloney. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Alibaba To Purchase Stake In Milk Delivery Platform For $21M
November 20, 2019

The Alibaba Group is planning to invest about $21 million in a milk delivery startup that uses an SMS or QR code to allow people to pick up orders from nearby refrigerators, according to reports. Get the Full Story Complete the form to unlock this...

Ridesharing
Uber: Authorities’ Requests For User Data Have Spiked 27 Pct. YOY
November 20, 2019

Ride-hailing company Uber has revealed in its transparency report that it has received an increased number of requests for data information from the U.S. government, according to a report by TechCrunch.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Alibaba’s $12.9B IPO Could Be Hong Kong’s Biggest Share Sale In Nearly A Decade
November 20, 2019

In the world’s biggest IPO so far this year, Chinese eCommerce giant Alibaba is set to raise up to $12.9 billion in a landmark public listing in Hong Kong, Reuters reported Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article...

News
Top News In Payments: BB&T, SunTrust Receive Approval For Merger; Wells Fargo Rolls Out RTP...
November 20, 2019

In today’s top payments news, SunTrust and BB&T have announced that they have received the regulatory green light to finish their merger to become Truist Financial Corporation. Also, Wells Fargo has launched an integration with the RTP network, letting its business clients send real-time payments. And Australian...

B2B Payments
Medius Augments AP Offering With Wax Digital Takeover
November 20, 2019

Accounts payable automation company Medius is expanding into the eProcurement arena with the takeover of Wax Digital. 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...

Retail
Digital Retail Investments Are Paying Off In Q3
November 20, 2019

As the year winds down – and holiday shopping picks up – clarity is emerging about which retail investments might pay off in the new decade, and which merchants might be in trouble. Get the Full Story Complete the form to unlock this article and enjoy...

Acquiring
Prosus And Takeaway Battle For Just Eat Acquisition 
November 20, 2019

Tech company Prosus and Takeaway.com are both bidding to take over the British delivery service Just Eat. On Wednesday (Nov. 20), Prosus criticized its rival, saying that Takeaway.com’s bid holds “significant risks” for shareholders. Get the Full Story Complete the form to unlock this article...