One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at almost $500 million. IAC will pay $15 for each share of Care.com in a transaction...
In the bidding war for British online food company Just Eat, competitors Prosus and Takeaway.com are both putting up strong offers for their final bids. Prosus, the internet division of tech conglomerate Naspers, is offering £5.5 billion ($7.16 billion USD) in cash, and Dutch takeout...
For PayPal, eyeing growth and eyeing new markets, the gaze is, at least in part, turned eastward. 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...
PayPal has acquired a 70 percent equity stake in Guofubao Information Technology (GoPay) and will head to China as their first foreign online-only payments platform, PayPal said in a press release on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this...
Mobile-first international payment network TerraPay is partnering with UBA Group, a leading pan-African financial services company, to offer real-time money transfer services to existing customers in 20 countries across Africa. TerraPay announced the partnership with the Nigeria-based company in a press release on Wednesday (Dec. 18)....
Indonesian delivery app Gojek has announced it will buy 5 percent of taxicab company Blue Bird, in an effort to stay competitive with rivals like Grab, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
Uber could invest $100-200 million in competitor Zomato as part of a deal to unload its food delivery arm Uber Eats, Economic Times (ET) reported on Monday (Dec. 16), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Online discount brokerage firm E*TRADE has acquired Gradifi, a student loan benefits and financial wellness provider, E*TRADE announced in a press release on Monday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Delta Airlines has decided to take a different direction when it comes to its private jet business, announcing earlier today that it would be combining its Delta Private Jets unit with Wheels Up, which is a NYC-based privately held business that has seen quick growth, according...
