acquisitions

This Week In Payments: Retail’s Digital Shift, Uber To Buy Postmates, The Digital Yuan Advances

This Week In Payments: Retail’s Digital Shift, Uber To Buy Postmates, The Digital Yuan Advances
This Week In Payments: Retail’s Digital Shift, Uber To Buy Postmates, The Digital Yuan Advances
July 10, 2020  |  News

There was no shortage of news in payments and commerce this week, but perhaps the biggest news that didn’t make a headline was that this...

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One7 Buys Rapidoo To Broaden Cash Flow Access For SMBs
One7 Buys Rapidoo To Broaden Cash Flow Access For SMBs
July 09, 2020  |  B2B Payments

One7 has bought FinTech Rapidoo in a bid to expand in the Brazilian market and offer more cash flow options to small- to medium-sized businesses...

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Uber-Postmates Deal Shows Food Delivery Is Consolidating Like Pac-Man
Uber-Postmates Deal Shows Food Delivery Is Consolidating Like Pac-Man
July 06, 2020  |  Partnerships / Acquisitions

Call it a real-life version of Pac-Man. Word emerged on Monday (July 6) that Uber is buying Postmates for nearly $2.7 billion in stock – the latest...

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India’s Paytm To Buy Indian Insurance Co
India’s Paytm To Buy Indian Insurance Co
July 06, 2020  |  Partnerships / Acquisitions

Paytm, the eCommerce payment system and financial technology company based in India, has announced plans to purchase Raheja QBE General Insurance Co. Ltd. Get the...

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Uber Reaches $2.65B Deal To Buy Postmates
Uber Reaches $2.65B Deal To Buy Postmates
July 06, 2020  |  Partnerships / Acquisitions

Uber Technologies agreed Monday (July 6) to purchase delivery firm Postmates Inc. in an all-stock deal worth $2.65 billion. Get the Full Story Complete the...

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EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
July 02, 2020  |  ANTITRUST

European regulators are investigating Google’s proposed $2.1 billion takeover of Fitbit, the San Francisco-based wearable technology maker, the Financial Times reported. Get the Full Story Complete the...

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Corona Beer Parent Company Tops Off DTC Trend
Corona Beer Parent Company Tops Off DTC Trend
July 02, 2020  |  Retail

The direct-to-consumer (DTC) trend attracted another big name this week, as Corona beer’s parent company, Constellation Brands, acquired media agency owner Gary Vaynerchuk’s Empathy Wines....

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Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’
Why Lululemon’s $500M Mirror Deal Is A Muscular Move Into ‘Contextual Commerce’
July 01, 2020  |  Partnerships / Acquisitions

In a move that caught much of the world off guard, athleisure giant Lululemon announced plans this week to buy home-exercise technology startup Mirror for...

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Lululemon Enters Deal To Buy Interactive Fitness Firm MIRROR For $500M
Lululemon Enters Deal To Buy Interactive Fitness Firm MIRROR For $500M
June 29, 2020  |  Partnerships / Acquisitions

Lululemon has entered into an agreement to buy in-home fitness company MIRROR for $500 million, according to a Monday (June 29)  press release. Get the Full...

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