Indonesia’s ride-hailing giant Gojek is getting closer to finalizing a deal to purchase point-of-sale (POS) startup Moka for at least $120 million, Bloomberg reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New York City digital payment platform Payoneer is set to acquire the Germany-based open payment orchestration platform optile, Payoneer announced in a press release on Tuesday (Dec. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The United States Department of Justice (DOJ) is going to investigate Google’s proposed $2.1 billion acquisition of Fitbit for potential antitrust issues, according to Reuters. Google, owned by Alphabet, would be able to compete in the wearables sector against companies like Samsung and Apple if...
Just Eat has once again turned down an offer from Netherlands-based Prosus, saying the deal still “significantly undervalues” the company, the Financial Times (FT) reported on Tuesday (Dec. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Naspers-owned Prosus upped its bid to $6.5 billion on Monday (Dec. 9) to acquire London’s food delivery service Just Eat, putting pressure on rival buyer Takeaway, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
General Motors announced that it is partnering with Korea’s LG Chem to mass-produce battery cells for future battery-electric vehicles. 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...
Social media giant Facebook is selling Oculus Medium, its virtual reality sculpting tool, to Adobe, reports revealed on Saturday (Dec. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Data aggregation and analytics platform Envestnet | Yodlee announced that it has signed a data sharing agreement with JPMorgan Chase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
It’s been a wild ride for payment and merchant services in 2019. Big mergers have changed the landscape, instant and same-day payments are gaining ground, and integrated services and point-of-sale (POS) systems are reshaping transactions and even some business operations. Get the Full Story Complete...