Ant Financial, the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Snap, the maker of the disappearing SnapChat app, has been subpoenaed by the U.S. Justice Department and the Securities and Exchange Commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
ParkWhiz announced it has received an additional $5 million in equity to its recently-announced Series D financing, bringing the total funding round led by NewSpring Capital to $25 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
SoftBank, the Japanese company, has received regulatory approval from the Tokyo Stock Exchange for the initial public offering (IPO) of its mobile unit, reported the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Analytical Flavor Systems (AFS), the startup that uses artificial intelligence to predict good-tasting food, has raised $4 million in a round of venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Alibaba, the Chinese eCommerce giant, is having success with its newly-created on-demand online services unit — it raised $4 billion in funding, giving it a valuation of as high as $30 billion. Get the Full Story Complete the form to unlock this article and enjoy...
China’s JD.com’s quest to expand into technologies such as artificial intelligence and automation is causing its expenses to soar, with the company seeing its Q2 technology costs go up over 70 percent year over year for the third consecutive quarter. Get the Full Story Complete...
Transit, the startup that helps city dwellers navigate life and move about the city without a car, just raised $17.5 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Tech companies that have recently gone public are wading back into the market to sell more shares at a rate that the Wall Street Journal reported is at a “nearly unprecedented clip.” Get the Full Story Complete the form to unlock this article and enjoy...
