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Alibaba Consortium Acquires 5.5 Pct Stake In Masan Group’s The CrownX

Alibaba Consortium Acquires 5.5 Pct Stake In Masan Group’s The CrownX
Alibaba Consortium Acquires 5.5 Pct Stake In Masan Group’s The CrownX
May 18, 2021  |  Partnerships / Acquisitions

A consortium led by China’s Alibaba and Baring Private Equity Asia has acquired a 5.5 percent stake in Vietnam’s Masan Group’s consumer-retail platform The CrownX...

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Stellantis, Foxconn, Join Forces On Connected Car Tech
Stellantis, Foxconn, Join Forces On Connected Car Tech
May 18, 2021  |  Commerce Connected

Automaker Stellantis has joined forces with Foxconn, the Taiwanese company that manufactures iPhones, to create in-car and connected-car technologies for the car industry. Get the...

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JPMorgan CEO Hopefuls To Run Its Consumer Banking Arm
JPMorgan CEO Hopefuls To Run Its Consumer Banking Arm
May 18, 2021  |  Personnel

A pair of J.P. Morgan Chase executives who are in contention to replace CEO Jamie Dimon have taken over running its consumer banking operation. Get...

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Latest Coupon App Provider Ranking Potentially Saving Zillions
Latest Coupon App Provider Ranking Potentially Saving Zillions
May 18, 2021  |  Mobile Applications

“Coupon-clipping.” It’s lost all meaning in the digital-first epoch. Time was you could lose an eye running with scissors cutting coupons along the dotted line,...

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Consumers Eye Retail Settings For ‘Spendable’ Crypto 
Consumers Eye Retail Settings For ‘Spendable’ Crypto 
May 18, 2021  |  Cryptocurrency

There might be a long way to go before we buy things with bitcoin without a second thought, where Ripple’s XRP is right up there...

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Today In Retail: The Home Depot’s Comp Sales Soar; Ally Brings Financing Offerings To Sezzle’s Platform
Today In Retail: The Home Depot’s Comp Sales Soar; Ally Brings Financing Offerings To Sezzle’s...
May 18, 2021  |  Retail

In today’s top retail news, The Home Depot reported surging comparable sales, while Ally Lending has brought its financing services to Sezzle. Plus, Walmart posted...

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Turkey Issues Vaccine ID Cards For International Travel
Turkey Issues Vaccine ID Cards For International Travel
May 18, 2021  |  Coronavirus

Turkey has introduced a COVID-19 vaccine ID card for its citizens. It is available through an online app that keeps track of COVID-19 contacts. Get the...

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After Moment Of Panic, Walmart Widens The Gap In Groceries
After Moment Of Panic, Walmart Widens The Gap In Groceries
May 18, 2021  |  Retail

Less than two weeks after a leaked memo showed that Walmart was fretting about losing share in its crucial grocery franchise, the brick-and-mortar giant said Tuesday (May...

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HSBC Rolls Out Multicurrency Digital Wallet To Streamline Global Payments
HSBC Rolls Out Multicurrency Digital Wallet To Streamline Global Payments
May 18, 2021  |  B2B Payments

London-based HSBC is banking that there’s a big interest among small to medium-sized businesses (SMBs) in a multicurrency digital wallet. The company said that its...

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