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eBay Seeks Buyer For Korean Division

PYMNTS

Online marketplace and auction site eBay is looking to unload its South Korean unit, according to a report by Reuters. The unit includes one of the biggest online marketplaces in the country, called Gmarket. The deal as a whole could potentially be worth $5 billion.

Regional 140
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Canada’s Lightspeed POS Inc Raises $179M In IPO

PYMNTS

Overall, the firm has a small and medium-sized business focus and its platform can be utilized for different functions including inventory management and point of sale (POS). s 2010 U.S. And, as it stands, the share sale is the largest since Smart Technologies Inc.’s Smart notched $660 million in that listing, while Shopify Inc.

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Top 3 Actions for Delinquency Management Alleviating Inflation Concerns

FICO

Top 3 Actions for Delinquency Management Alleviating Inflation Concerns. Graph 1 : Quarterly credit card debt in the United States from 1st quarter 2010 to 2nd quarter 2022 ($ Billion) . The infrastructure to service and manage the calls was lacking. . FICO Admin. Thu, 08/22/2019 - 12:37. by Cyril Cherian.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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Amazon Gains Ground In Holdout Markets

PYMNTS

Take, for example, Italy, where Amazon has been operating since 2010 with what The New York Times describes as rather “muted success” since selling its first children’s book in the nation nearly a decade ago. By and large, Italian consumers first encountered Amazon as a group that firmly preferred shopping in person and paying in cash.

Marketing 237
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OnDeck Completes Evolocity Merger In Canada

PYMNTS

OnDeck has closed the merger between its Canadian operations and small business lender Evolocity Financial Group, also based in Canada. Evolocity has provided more than CAD$240 million (about USD$180 million) to small businesses since its launch in 2010, reports said. Financial details of the deal were not made public.

Lending 108
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In the UK, (More) Web Content Regulation Looms

PYMNTS

increased regulation over content delivered online through platforms may be on the horizon. Companies that are deemed to be lacking in their efforts to fight dangerous or unlawful content may be subject to penalties – and senior management of these (and other) companies could be held liable for infractions. In the U.K.,