Starbucks and Alibaba are teaming up on coffee delivery in China. According to Reuters, Starbucks is trying to regain its footing after a sales slump in the country; Starbucks quarterly sales in China declined 2 percent in the period ended on July 1, down from...
Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in a deal valued at $2.9 billion. According to a press release, Synovus said that with the addition of FCB, they...
Third Point, the hedge fund run by Daniel Loeb, has taken a new position in PayPal. According to a report in CNBC, citing a Third Point investor letter, the position was added in the second quarter of this year. Get the Full Story Complete the...
Gemalto, the digital security company that is being acquired by Thales, the French aerospace and defense company, will see the European Commission launch an in-depth investigation into the proposed deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Looking to bolster its international eCommerce presence, eBay has acquired Japanese eCommerce platform Qoo10, according to a regulatory filing. 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...
Amazon is reportedly engaged in deal talks about acquiring MedPlus, the Indian pharmacy chain. 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...
Salesforce announced that it has signed a definitive agreement to acquire Datorama, a cloud-based, AI-powered marketing intelligence and analytics platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Equifax announced that it has acquired DataX, a leading specialty finance credit reporting agency and alternative data provider to lenders nationwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Walmart is mulling shifting its branded credit card business to Capital One Financial from Synchrony Financial as it aims to expand the company’s mobile payments offering. Bloomberg, citing people familiar with the matter, reported that Walmart has narrowed the list of credit card partnership bidders...
