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Ant IPO Stopped By President Xi As Rebuke To Gov't Criticism

PYMNTS

Xi's decision topped off several years of contention between Ma and the government, with government leaders unsure of the growing influence of Ma's business operations. Both the company's micro-lending business and its ability to let companies partner with traditional financial institutions could face more regulation.

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Petco Partners With DoorDash For Nationwide Same-Day Delivery

PYMNTS

Consumers want more than a transactional relationship with the companies they do business with," Petco Chief Digital and Innovation Officer Darren MacDonald said in a Thursday (Dec. Same-day delivery will be handled by DoorDash’s white-label fulfillment platform DoorDash Drive, which gives businesses the ability to offer direct delivery.

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Things worth reading: 13th June 2017

Chris Skinner

Things we’re reading today include … Forbes rich list: Which celebrities earned the most over the past year? AIB float to value lender at up to €13.3bn Five reasons why the City could benefit from election mess UK election result ‘may delay Brexit talks’ U.S.

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Magento Powers Xenon arc B2B Marketplace For SMBs 

PYMNTS

Business-to-business (B2B) IT firm Xenon arc is launching an enhanced eCommerce platform for small and medium-sized businesses (SMBs) to improve their user experience when tapping services for the materials industry, the firm announced on Tuesday (Feb. The new offering expands on Xenon’s disruptive business model, xa-Direct. .

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TCV Acquires Spend Management Tech Firm Oversight

PYMNTS

TCV brings to the table a rich portfolio of growth-stage companies in the technology industry," he said, according to the release. Amol Helekar , a principal at TCV, spoke with PYMNTS recently, and said the pandemic, while crushing for many businesses, did pose some opportunities for growth — namely in the digital space.

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Square Said To Mull Buy of Jay-Z’s TIDAL Music-Streaming Service

PYMNTS

Where TIDAL fits into this complicated global goulash of streaming audio and what it might be worth to a cash-rich suitor is anyone’s guess. Like Twitter, Square is a publicly traded company and has been listed on the New York Stock Exchange since 2015. Square Music. that year, although its overall revenue grew by 25 percent.

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Radar Earns Its Stripes Among Enterprise Orgs

PYMNTS

Today, April 18, the tech platform for internet businesses is announcing Radar 2.0 — a version of Radar for dedicated fraud teams at the enterprise level. The Radar machine learning algorithms have spent two years studying hundreds of thousands of businesses’ transactions processed on the Stripe network.

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