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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

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Amazon Opens Three More Brazilian Logistics Hubs

PYMNTS

The new centers are operating in Minas Gerais, Rio Grande do Sul and Brasilia, the country’s capital, and increase the number of Amazon logistics hubs in Brazil to eight. . Although lockdown measures are easing, online sales are still booming.

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Target Aims To Purchase Delivery Startup Deliv

PYMNTS

“Due to a confluence of events over the past few months, Deliv will unfortunately be winding down our operations over the next 90 days,” she wrote. Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. Google and Enterprise Holdings Inc.,

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African eComm Firm Taps Local Agents, Businesses To Streamline Logistics 

PYMNTS

Other online marketplaces include Sky.Garden, Kilimall, MallforAfrica, My Big Order, Masoko, Ubuy, Shopit, Cheki, MamaMikes and Electro Hub. Jumia , which was founded by two Frenchmen in 2012, operates in 11 African countries, from Morocco to Nigeria and Kenya, and has been referred to as Africa’s version of Amazon.

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Today In Payments Around The World: Lendify Secures $115M In Funding; Contour Teams With Mphasis On Trade Tech

PYMNTS

Lendify reportedly locked in $115 million in funding from Insight Investment, which had supported the online lender with a 1.5 The Hong Kong sale is being managed by Citigroup, China International Capital Corp., Plus, Ant Group has received approval from top security regulators for its Shanghai offering. Morgan Stanley and J.P.

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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.

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The Great Online Innovation Pile On Of 2017

PYMNTS

There seems to be an awful lot of piling on these days on the big online platforms. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 When Amazon was just about selling books online, its competition was the physical bookstore. Investors put $2.65 billion more. Then there’s Amazon.