acquisitions

PayPal Sweetens Shopping Ecosystem With $4B Honey Buy
PayPal Sweetens Shopping Ecosystem With $4B Honey Buy
November 20, 2019  |  Partnerships / Acquisitions

PayPal has announced that it’s going to acquire Honey Science Corporation, a shopping discount and rewards platform. The acquisition will cost PayPal $4 billion, and...

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Policymakers Press Big Tech On Use Of Personal Data
Policymakers Press Big Tech On Use Of Personal Data
November 14, 2019  |  ANTITRUST

Big Tech is under siege about its failure to respect users’ privacy as the House Judiciary Committee’s antitrust subcommittee expressed frustration over the companies’ many...

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Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger
Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger
November 11, 2019  |  Acquiring

Just Eat has turned down a hostile £4.9 billion ($6.3 billion) cash bid from Prosus, the Amsterdam arm of the South African tech conglomerate Naspers,...

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Wirecard To Buy China’s AllScore To Expand Cross-Border Licenses
Wirecard To Buy China’s AllScore To Expand Cross-Border Licenses
November 05, 2019  |  Partnerships / Acquisitions

Wirecard announced that it is set to gradually acquire all shares in Bejing-based AllScore Payment Services so it can expand into cross-border licenses. After the...

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Food Fight Ensues As Takeaway Sweetens Just Eat Bid To Challenge Prosus
Food Fight Ensues As Takeaway Sweetens Just Eat Bid To Challenge Prosus
November 04, 2019  |  Partnerships / Acquisitions

In the battle to acquire London’s Just Eat, Amsterdam’s Takeaway.com has changed the structure of its offer as it fights a competing bid from South...

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Etsy’s Q3 Results Show GMS, Revenue Boost After Reverb Deal
Etsy’s Q3 Results Show GMS, Revenue Boost After Reverb Deal
October 31, 2019  |  Earnings

Etsy announced strong Q3 earnings results, with total revenue up 31.6 percent year over year, and gross profit increasing more than 24 percent. “During the...

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Just Eat Rejects $6B Buyout Bid From Prosus
Just Eat Rejects $6B Buyout Bid From Prosus
October 23, 2019  |  Delivery

London food delivery service Just Eat turned down a $6.2 billion offer from Amsterdam investment firm Prosus, the Associated Press (AP) reported on Tuesday (Oct....

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Naspers Makes £4.9B Bid For Just Eat
Naspers Makes £4.9B Bid For Just Eat
October 22, 2019  |  Retail

With a hostile £4.9bn offer for the United Kingdom’s Just Eat, South African tech conglomerate Naspers has aimed to gate-crash a merger of two of the...

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Foreign Investors Spent $60B Buying UK Tech Firms Since Brexit Vote
Foreign Investors Spent $60B Buying UK Tech Firms Since Brexit Vote
October 17, 2019  |  Brexit

Since the Brexit vote three years ago, foreign buyers have announced $60 billion in deals for U.K. tech companies. Data from Bloomberg shows that the...

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