Two months after news surfaced that China’s Alibaba wanted to make an online grocery play in India by investing in BigBasket, it appears the deal has finally been made official through a $300 million funding round, Reuters reported. Get the Full Story Complete the form...
There’ll be no TGIF from bitcoin and its brethren, it seems. 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 daily newsletter, PYMNTS Today. By completing...
Alibaba, China’s leading eCommerce player, announced a 56 percent increase in earnings during its third quarter and revealed it’s acquiring a 33 percent stake in Ant Financial, its payment affiliate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
SoftBank is acquiring a majority stake in LINE MOBILE, a subsidiary of Line Corporation, which owns and operates the messaging app LINE. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Wag Labs, a startup that connects dog walkers with dog owners through an app, is receiving $300 million in funds from SoftBank’s Vision Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Airbnb, which last year launched Experiences – an initiative that enables small businesses, entrepreneurs and community non-profits to create immersive experiences for travelers – is increasing its investment in that area of its business. Get the Full Story Complete the form to unlock this article...
Three big Silicon Valley venture capital firms want to invest in Telegram’s initial coin offering (ICO), The Financial Times reported. 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...
Baidu, the Chinese search engine company, is looking to raise money for its finance unit, Baidu Financial Services Group (FSG), and could secure as much as $2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Cargo, the startup that allows ridesharing drivers to sell food and beverages inside their vehicle, just landed $5.5 million in venture capital funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
