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Amazon Makes Bid For All Of The 22 Regional Sports Networks Disney Is Unloading

PYMNTS

Amazon.com, the eCommerce giant, is reportedly making a bid for all of the 22 regional sports networks that Disney purchased as part of its Twenty-First Century Fox deal. In order for Disney and Twenty-First Century to complete their deal, the Justice Department ordered Disney to sell the regional sports networks.

Regional 155
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Silicon Valley’s Plaid Heads to the U.K., Undeterred by Brexit

Bank Innovation

a region it believes could eventually match the U.S. Founded in 2012, San Francisco-based Plaid helps customers and banks transmit data back and forth. Fintech startup Plaid Inc. is expanding its footprint into the U.K., in terms of revenue, despite political uncertainty.

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Churn And Regional Preferences Challenge Subscription Commerce

PYMNTS

The subscription commerce sector is growing, with Asia-Pacific, Europe and North America-based subscription companies experiencing more than 300 percent growth in subscription sales from 2012 to 2019.

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Latin America Tech Booms As Brazil Dominates And Regional Investors Grow

CB Insights

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. in funding since 2012. Since 2012, investments into the region have nearly tripled. at the time.

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Bank Branch Closings Take Toll On Rural Communities 

PYMNTS

lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. People in lower-income regions or with aging populations are also slower to gravitate toward online and mobile banking. More than half of the 3,114 counties in the U.S.

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Grab’s Earnings Bouncing Back To Pre-COVID Numbers

PYMNTS

Grab counts Softbank among its biggest investors and has evolved from a ride-hail startup in 2012 to a multi-faceted tech company that was last valued at $14 billion. But as the region recovers, businesses like Grab are starting to recuperate. In June, Singapore’s biggest startup had to lay off 5% of its workforce, about 360 people.

Regional 143
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Goldman-Backed Startups Jumia, Twiga Team For Kenya Produce Delivery 

PYMNTS

Nigeria-based Jumia will pickup Kenya-based Twiga’s fresh produce and make contactless delivery in the region. The eCommerce platform Jumia was co-founded in 2012 by Sacha Poignonnec, Raphael Kofi Afaedor and Tunde Kehinde. We pulled together the core basics that a family would need for a week or two weeks,” Chappatte said.

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