German startup investment company Rocket Internet has added to its galaxy of food delivery partners by investing a 30-percent stake in take-out aggregator Delivery Hero, worth 496 million euros, Bloomberg reports. The investment means that the Berlin-based food company is now valued at over $2 billion...
In an effort to nurture the budding online commerce community of South Korea, PayPal announced that on Feb. 12, it will have a website and call center in the Korean language, according to Korea Joongang Daily. Get the Full Story Complete the form to unlock this...
Groupon is in talks to spin off Korea’s second-largest e-commerce company Ticket Monster for a possible value of $1 billion, The Wall Street Journal reported. If successful, Groupon could make as much as four times its investment back after just one year, when the company...
SimplyTapp, a leading provider of HCE services for merchants, announced late last week (Feb. 6) that it received an additional $2.5 million fundraising round as part of its Series B fundraising plan from mobile payments platform Mozido. This brings the total funding for the company...
Given how e-commerce is largely seen as the future for economic potential and merchant innovation, it seems counterintuitive to think that it’s also helping out something as stereotypically outdated as the Post Office. Yet, according to the USPS’ Q1 2015 numbers, e-commerce is doing great...
Amid concerns of fraudulent tax returns nationwide, TurboTax temporarily suspended e-filing on Feb. 6, according to The Wall Street Journal. The service was back online after 24 hours, but various state governments continue their cessation of accepting tax returns from TurboTax while the matter can be...
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FreeCharge, an India-based bill paying program that rewards users with emailed coupons has just completed an $80 million Series C fundraising round as the company prepares to expand its transactional advertising program, according to TechCrunch. This follows a $33 million Series B fundraising round back in...
The growing popularity of contactless payments in the U.K. has propelled the spending limit on contactless cards to be raised by £10 to £30 starting September 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
