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China’s Retail Investors Order Over $2.8T Of Ant Group Stock
China’s Retail Investors Order Over $2.8T Of Ant Group Stock
October 30, 2020  |  IPO

Ant Group indicated on Thursday (Oct. 29) that retail investors in mainland China made over $2.8 trillion of orders for their part of its offering,...

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Alibaba Will Have Early Start To Singles Day In November
Alibaba Will Have Early Start To Singles Day In November
October 30, 2020  |  eCommerce

In a move that will likely see a large rise in sales, Alibaba Group Holding Ltd will begin its Singles Day shopping event ahead of...

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Judge Assigns November Deadlines In Google DOJ Lawsuit
Judge Assigns November Deadlines In Google DOJ Lawsuit
October 30, 2020  |  ANTITRUST

U.S. Judge Amit Mehta set a series of November deadlines in the antitrust lawsuit filed by the U.S. Justice Department (DOJ) against Alphabet’s Google, Reuters...

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Cloud Technology, B2B Payments, Visa’s YellowPepper Deal Top This Week’s News
Cloud Technology, B2B Payments, Visa’s YellowPepper Deal Top This Week’s News
October 30, 2020  |  The Weekender

The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week. We have deep dives...

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Nestlé Buys Meal Delivery Platform Freshly For $950M
Nestlé Buys Meal Delivery Platform Freshly For $950M
October 30, 2020  |  Partnerships / Acquisitions

Nestlé has purchased Freshly in a deal that values the meal delivery platform at $950 million, with possible earnouts of as much as $550 million...

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GDP Growth Makes Q3 Comeback, But Will COVID Nix Q4?
GDP Growth Makes Q3 Comeback, But Will COVID Nix Q4?
October 30, 2020  |  Economy

After what’s felt like a drumbeat of bad news about rising COVID-19 caseloads and economic problems around the world, there’s finally been a few breaths...

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Sneaker Sales Propel 3Q Surge In Under Armour Earnings
Sneaker Sales Propel 3Q Surge In Under Armour Earnings
October 30, 2020  |  Earnings

Sportswear giant Under Armour reported a third-quarter profit of $38.9 million, partly driven by a revenue jump of 19 percent in the footwear category, the...

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Today In Payments Around The World: Telekomunikasi Selular Mulls $150M Investment In Gojek; Stripe Grows Partnership With Mindbody
Today In Payments Around The World: Telekomunikasi Selular Mulls $150M Investment In Gojek; Stripe Grows...
October 30, 2020  |  International

In today’s top payments news around the world, Indonesian wireless carrier Telekomunikasi Selular is considering a $150 million investment in Gojek convertible bonds, while Stripe has...

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Fed Adjusts Main Street Lending Terms To Help Small Businesses
Fed Adjusts Main Street Lending Terms To Help Small Businesses
October 30, 2020  |  Loans

The Federal Reserve Board has modified the terms of the Main Street Lending Program (MSLP)  to make it more obtainable for smaller businesses, according to...

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