Welcome to Five at Five, your late look at the payments and commerce news of the day. Today’s coverage includes a detailed look at Amazon’s grocery sales, along with an eBay deal in Japan. Facebook faces a hurdle related to WhatsApp, Toys R Us hits a dim mark and a data breach targets patients and a prime minister.
Amazon Grocery Sales Surge 40 Pct in 2Q
The eCommerce operator reportedly accounted for 18 percent of U.S. online grocery sales since 2017, the largest share of any single retailer. In fact, Amazon’s current share of the online grocery space has now doubled that of its closest competitor.
eBay Acquires eCommerce Platform Qoo10 of Japan
Qoo10 was created as a hyperlocal marketplace that allowed large and small merchants to sell their products across Asia.
WhatsApp Payments Rollout Delayed in India
The Ministry of Electronics and Information Technology (MeitY) has reportedly asked WhatsApp, along with partner banks, to provide additional details about the system.
Toys R Us Settles With Creditors to Complete Bankruptcy
Toys R Us has come to a settlement agreement with some groups of creditors, including vendors, to resolve disputes related to its bankruptcy proceedings.
Singapore Health Database Breached in Cyberattack
Patients who went to clinics over a period ranging from May of 2015 to July 4 of 2018 had information of a non-medical nature accessed and duplicated. And the hackers had another target: They “specifically and repeatedly targeted Prime Minister Lee Hsien Loong’s personal particulars and information on his outpatient dispensed medicines,” according to a statement.
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