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,...
In the wake of data breaches at Yahoo that may impact 1.5 million customers, Verizon Communications is conveying mixed messages as to whether or not it will move ahead with its proposed $4.8 billion acquisition, with one executive saying it’s up in the air and another...
Didi, the Chinese ride-hailing juggernaut, has just taken a stake in yet another ride-hailing peer, this time in Brazil. This extends its reach into Latin America, Uber’s third largest market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
More big news from the ongoing Consumer Electronics Show (CES) 2017 — this time for the augmented reality space. Google’s 3-D-scanning, depth-sensing technology Tango, which uses special cameras and sensors in mobile devices to overlay digital images in physical space, announced two new retail partnerships...
Mitek, a mobile capture and identity verification software company, announced Wednesday (Jan. 4) the American Cancer Society is licensing and integrating Mitek’s Mobile Deposit and MiSnap products into its mobile fundraising app. Get the Full Story Complete the form to unlock this article and enjoy...
Two of the biggest names in automobiles may be taking on two of the biggest names in tech. 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...
BBVA announced Tuesday (Jan. 3) it inked an agreement to buy Openpay, a startup in Mexico that offers online payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Addison Lee, a minicab company headquartered in London and owned by The Carlyle Group, has inked a deal to acquire Flyte Tyme, a U.S.-based competitor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Chipmaker Intel announced it has acquired a 15 percent take in HERE, a global provider of digital maps and location-based services. The purchase came from HERE’s current indirect shareholders: Audi, BMW and Daimler, Intel said in a press release. Get the Full Story Complete the...
