Indian eCommerce company Snapdeal is reportedly in talks to buy its rival ShopClues in an all-stock deal. Sources said the due diligence process has already begun, and the proposed transaction is likely to value ShopClues at $200 million t0 $250 million, according to DealStreetAsia. The...
IBM has bid $34 billion for the software company Red Hat, but the deal is subject to approval by EU antitrust regulators, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
NCR, the payments company that makes self-service kiosks, point-of-sale terminals and automated teller machines, among other payment devices, has reportedly tapped Bank of America Equities to find a buyer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon Pay in India, which already allows customers to do things like pay bills and borrow money, has added the ability to book airline tickets, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In a bid to expand its healthcare payments presence, JPMorgan said Friday (May 17) that it has entered a deal to acquire InstaMed, a payments technology company focused on the space. Though financial terms of the acquisition were not disclosed in the release announcing the...
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced on Wednesday (May 15) that they have inked a deal to collaborate to promote financial innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A group of four short-term stay startups in Europe have teamed up to create a new company and take on leader Airbnb. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Citigroup is making a bigger push into India, partnering with Indian digital payments company Paytm to launch a credit card. As Reuters reported on Tuesday (May 14), the Paytm First Card will give Indian consumers 1 percent cash back on all transactions. For Paytm, the...
Wirecard is thinking about buying back shares in the wake of a partnership with Japan’s SoftBank Group, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
