Apple took the unusual move Tuesday (Nov. 16) of shutting down all of its online sales in Russia due to what Apple said were “extreme” ruble fluctuations, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global payments vendor Adyen on Tuesday (Dec. 16) said that it has closed $250 million in new funding, led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures. Get the Full Story Complete the form to unlock...
As Alibaba, Amazon and other global ecommerce players ramp up their operations in India, New Delhi-based online marketplace Snapdeal is beefing up by acquiring online gift retailer Wishpicker, India’s Economic Times reported on Thursday (Dec. 11). Get the Full Story Complete the form to unlock...
As its mission claims, startup eCommerce incubator Rocket Internet aims to “become the world’s largest Internet platform outside the U.S. and China.” But for now, the Berlin-based company that has fueled dozens of ventures seems lightyears away from that mission, as the company has faced...
A security hole in Alibaba’s international marketplace AliExpress could have let attackers hijack merchants’ online shops, an Israeli security research company said Wednesday (Dec. 10). Alibaba said it has now fixed the problem, Reuters reported. Get the Full Story Complete the form to unlock this...
Uber is facing more heat around the world, as well as in the U.S. 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...
Swedish bank ICA will issue MasterCard contactless payment cards to more than 500,000 customers in the first contactless rollout in Sweden, the bank announced on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The car service competition for business clientele in France is heating up after SnapCar, one of Uber’s rivals, secured a $2.5 million investment, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Only 2 percent of consumer purchases in Canada use mobile payments today, but attitudes among young adults there suggest that mobile buying will pick up soon, according to new research from GfK. Get the Full Story Complete the form to unlock this article and enjoy...
