Amid the continued rumors that Groupon may be a takeout target for eCommerce giant Alibaba, one outlet said the deal will not materialize. StreetInsider.com said that, “per a source,” unnamed in the article, the current 5.7 percent stake that the firm has in Groupon, at nearly 33 million...
Karhoo, an on-demand app that provided users with an aggregation of ride options from fleets of car services that failed to take off, is reportedly getting a new life under new backers. Get the Full Story Complete the form to unlock this article and enjoy...
Shares of daily deal website operator Groupon gained in trading Thursday (Jan. 12) on unconfirmed rumors of a takeover offer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Drug company Valeant Pharmaceuticals International is shedding four of its brands — three skincare and one cancer treatment business — and experts say it’s good money, considering what the company original bought those brands for. Get the Full Story Complete the form to unlock this article...
Fitbit CEO James Park announced the company’s recent purchase of a new wearable technology asset. 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,...
Crowdfunding firm GoFundMe has bought CrowdRise, a fundraising firm focused on nonprofits and charities, including the American Cancer Society and UNICEF, TechCrunch reported Tuesday (Jan. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Amazon Web Services (AWS) has reportedly acquired Harvest.ai, a cybersecurity startup based in San Diego. 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,...
Bain Capital and Advent, the two private equity firms, are close to inking a deal to acquire Concardis, a German payment group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Walmart just found another way to bolster Jet.com — with the purchase of online shoe and apparel retailer ShoeBuy.com for $70 million. The deal is expected to help expand the apparel and footwear offerings of its recently acquired online marketplace Jet.com. “ShoeBuy CEO Mike Sorabella,...
